Economic diversification: Its relationship with inequality and ensuing policy options

Sofia Dominguez and Janvier D. Nkurunziza

No #6, UNCTAD Working Papers from United Nations Conference on Trade and Development

Abstract: This paper empirically explores the relationship between export diversification and income inequality. Using a sample of 182 countries from 1998 to 2018, the study employs a fixed effects model to examine the interaction between diversification and inequality. The results show a statistically significant linear positive association between export diversification and income inequality, with heterogeneity across income and commodity-dependence groups. The paper emphasizes the importance of inclusive policies to ensure that the benefits of diversification extend to vulnerable groups from an early stage, and proposes recommendations for governments to promote inclusive diversification efforts.

Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
https://unctad.org/system/files/official-document/wp-2024d1-no6_en.pdf?repec (application/pdf)
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:unc:wpaper:6

Access Statistics for this paper

More papers in UNCTAD Working Papers from United Nations Conference on Trade and Development
Bibliographic data for series maintained by UNCTAD Web Unit ().