The conflicting impacts of export fluctuations and diversification programmes

Michael Webb

The Journal of International Trade & Economic Development, 2005, vol. 14, issue 3, 271-280

Abstract: While analyses of export instability and diversification policies typically focus on aggregate earnings, a conflict can arise between income instability at the aggregate and household levels. Diversification can reduce a country's aggregate income instability and simultaneously increase the instability experienced by many households, and perhaps by every household in the country. We demonstrate how alternative export portfolios can produce this conflict in instability. The conflict means that the conclusions from previous empirical studies need to be qualified and policy recommendations need to be carefully formulated.

Keywords: Export; fluctuation; diversification; portfolio; instability; development (search for similar items in EconPapers)
Date: 2005
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.tandfonline.com/doi/abs/10.1080/09638190500202965 (text/html)
Access to full text is restricted to subscribers.

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:taf:jitecd:v:14:y:2005:i:3:p:271-280

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RJTE20

DOI: 10.1080/09638190500202965

Access Statistics for this article

The Journal of International Trade & Economic Development is currently edited by Pasquale Sgro, David E.A. Giles and Charles van Marrewijk

More articles in The Journal of International Trade & Economic Development from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().