Growth networks

Raja Kali, Javier Reyes, Joshua McGee and Stuart Shirrell

Journal of Development Economics, 2013, vol. 101, issue C, 216-227

Abstract: We map the relationship between products in global trade and the products a country exports as a network to devise a measure of the density of links between the products in a country's export basket and a measure of network proximity from a country's export basket to products that a country does not export. The density measure is a proxy for synergies between the products in a country's export basket. The network proximity measure is an indicator of how difficult it is likely to be for a given country to move from its current product specialization to new products. We find that density and network proximity are together of importance for a poor country to move to higher income products and experience higher growth rates. Higher network proximity is associated with a greater likelihood of experiencing growth acceleration, but the positive effect of density tapers off at higher values.

Keywords: Trade; Growth acceleration; Networks; Small-world (search for similar items in EconPapers)
JEL-codes: F15 F43 O40 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0304387812000983
Full text for ScienceDirect subscribers only

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:eee:deveco:v:101:y:2013:i:c:p:216-227

DOI: 10.1016/j.jdeveco.2012.11.004

Access Statistics for this article

Journal of Development Economics is currently edited by M. R. Rosenzweig

More articles in Journal of Development Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().