EconPapers    
Economics at your fingertips  
 

Export Diversification in Emerging Economies

Hatice Karahan ()
Additional contact information
Hatice Karahan: Istanbul Medipol University

A chapter in Global Financial Crisis and Its Ramifications on Capital Markets, 2017, pp 287-296 from Springer

Abstract: Abstract The positive impact of export diversification on countries’ economic growth is widely recognized in literature. Moreover, there has been a growing consensus lately on the role of diversification as a protection tool against crises and shocks. In other words, countries with higher export concentrations are thought to be exposed to more susceptibilities and vice versa. Hence, for most developing countries, for which exports performance are vital, understanding the so-called association matters. This study aims at providing evidence for certain emerging economies in that respect and starts with illustrating the performance of the BRICS and MINT economies in terms of product/sector and market diversification in the 2000s. The chapter then investigates the relationship between export concentration and trade collapse for the 2008–2009 global crisis. Conclusions derived by the study show resemblance to certain findings in literature and address to a positive relationship between the level of product concentration and the severity of trade collapse in case of a crisis. Basic calculations on the market diversification, however, do not imply a meaningful relationship for the period in question.

Keywords: Market Concentration; Herfindahl Index; Export Earning; Global Crisis; Product Diversification (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:conchp:978-3-319-47021-4_21

Ordering information: This item can be ordered from
http://www.springer.com/9783319470214

DOI: 10.1007/978-3-319-47021-4_21

Access Statistics for this chapter

More chapters in Contributions to Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-04-01
Handle: RePEc:spr:conchp:978-3-319-47021-4_21