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Import Diversification along the Growth Path

Esteban Jaimovich ()

No 242, Carlo Alberto Notebooks from Collegio Carlo Alberto

Abstract: We provide evidence showing that the degree of diversification of import sources of finely disaggregated commodities rises monotonically along the growth path. This result is robust to different measures of import diversification and the inclusion of a large set of additional control variables. In addition, we show the process of rising import diversification takes place as countries gradually increase their spending shares in imports originating from relatively distant exporters.

Keywords: Bilateral trade; import diversification; product variety (search for similar items in EconPapers)
JEL-codes: F10 F14 (search for similar items in EconPapers)
Pages: 15 pages
Date: 2012
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