Export Diversification: What's behind the Hump?

Olivier Cadot, Celine Carrere and Vanessa Strauss-Kahn

The Review of Economics and Statistics, 2011, vol. 93, issue 2, 590-605

Abstract: 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). © 2011 The President and Fellows of Harvard College and the Massachusetts Institute of Technology.

Date: 2011
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Working Paper: Export Diversification: What's behind the Hump? (2011)
Working Paper: Export Diversification:What's behind the Hump? (2011)
Working Paper: Export Diversification: What's behind the Hump? (2011)
Working Paper: Export Diversification: What's behind the Hump? (2011)
Working Paper: Export Diversification:What's behind the Hump? (2011)
Working Paper: Export Diversification: What's behind the Hump? (2010)
Working Paper: Export Diversification: What’s behind the Hump? (2009)
Working Paper: Export Diversification:What’s behind the Hump? (2007)
Working Paper: Export Diversification: What?s behind the Hump? (2007)
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