From Double Diversification to Efficiency and Growth

Thorvaldur Gylfason

Munich Reprints in Economics from University of Munich, Department of Economics

Abstract: The paper discusses economic and political diversification as two sides of the same coin, presenting them as parallel potential determinants of long-run economic efficiency and growth. Three different measures of economic diversification are discussed: the Finger-Kreinin index of export diversification, the Herfindahl-Hirschman index of market concentration, and the Theil index of export diversification. Three measures of political diversification are also discussed: indices of political rights and civil liberties and the Polity2 index of democracy. All six measures of diversification are shown to vary directly with one another as well as with per capita incomes across a large sample of countries.

Date: 2017
References: Add references at CitEc
Citations: View citations in EconPapers (7)

Published in Comparative Economic Studies 2 59(2017): pp. 149-168

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

Related works:
Journal Article: From Double Diversification to Efficiency and Growth (2017)
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:lmu:muenar:49897

Access Statistics for this paper

More papers in Munich Reprints in Economics from University of Munich, Department of Economics Ludwigstr. 28, 80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Tamilla Benkelberg ().