Export Diversification : What's Behind the Hump?

• Tác giả: Olivier Cadot
• Ngôn ngữ: eng
• Ký hiệu phân loại: 338.9 Economic development and growth
• Thông tin xuất bản: MIT Press, 2012
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 316915
• Chủ đề: 1. Country and Industry Studies of Trade F140; 2. International Linkages to Development; 3. Role of International Organizations O190

Tóm tắt

The paper explores the evolution of export diversification patterns along the economic development path. Using a large database with 156 countries over 19 years at the HS6 level of disaggregation (4,991 product lines), we look for action at the intensive and extensive margins. We find a hump-shaped pattern of export diversification similar to what Imbs and Wacziarg (2003) found for production. Diversification and subsequent reconcentration take place mostly along the extensive margin. This hump-shaped pattern is consistent with the conjecture that countries travel across diversification cones, as discussed in Schott (2003, 2004) and Xiang (2007).