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Export Diversification and Development - Empirical Assessment

Aleksandra Parteka () and Massimo Tamberi ()

No 359, Working Papers from Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali

Abstract: This paper assesses the role played by country specific factors as determinants of exports' diversification process. Using a panel data-set for 60 countries and twenty years (1985-2004) we confirm that even after clearing out differences in income per capita, cross section variability in the degree of exports' diversification is significant. In general, apart from per capita income, variables influencing the size of accessible markets (domestic and foreign) are the most relevant and robust determinants of the export diversification process. Diversification opportunities grow if countries are large, not located far from economic core areas and when barriers to trade are restricted.

Keywords: sectoral diversification; structural change; trade (search for similar items in EconPapers)
JEL-codes: C23 F15 O14 O33 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-int
Date: 2011-06
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http://docs.dises.univpm.it/web/quaderni/pdf/359.pdf First version, 2011 (application/pdf)

Related works:
Journal Article: What Determines Export Diversification in the Development Process? Empirical Assessment (2013) Downloads
Working Paper: Determinants of Export Diversification: an Empirical Investigation (2008) Downloads
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