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Export Diversification : What's Behind the Hump?

The review of economics and statistics, 2011-05 [Peer Reviewed Journal]

CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank ;ISSN: 0034-6535 ;EISSN: 1530-9142 ;DOI: 10.1162/rest_a_00078

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  • Title:
    Export Diversification : What's Behind the Hump?
  • Author: Cadot, Olivier ; Carrere, Celine ; Strauss-Kahn, Vanessa
  • Subjects: Country and Industry Studies of Trade F140 ; International Linkages to Development ; Role of International Organizations O190
  • Is Part Of: The review of economics and statistics, 2011-05
  • Description: 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).
  • Publisher: MIT Press
  • Language: English
  • Identifier: ISSN: 0034-6535
    EISSN: 1530-9142
    DOI: 10.1162/rest_a_00078
  • Source: Open Knowledge Repository
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