Export Diversification and Economic Growth

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dc.creatorHesse, Heiko
dc.date2017-08-28T20:40:49Z
dc.date2017-08-28T20:40:49Z
dc.date2008
dc.date.accessioned2026-07-01T00:56:18Z
dc.descriptionExport diversification can lead to higher growth. Developing countries should diversify their exports since this can, for example, help them to overcome export instability or the negative impact of terms of trade in primary products. The process of economic development is typically a process of structural transformation where countries move from producing "poor-country goods" to "rich-country goods." Export diversification does play an important role in this process. The author also provides robust empirical evidence of a positive effect of export diversification on per capita income growth. This effect is potentially nonlinear with developing countries benefiting from diversifying their exports in contrast to the most advanced countries that perform better with export specialization.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/577921468150573677/Export-diversification-and-economic-growth
dc.identifierhttps://hdl.handle.net/10986/28040
dc.identifierhttps://doi.org/10.1596/28040
dc.identifier.urihttp://hdl.handle.net/123456789/413231
dc.languageEnglish
dc.languageen_US
dc.publisherWorld Bank, Washington, DC
dc.relationCommission on Growth and Development Working Paper;No. 21
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo
dc.rightsWorld Bank
dc.subjectADVANCED COUNTRIES
dc.subjectAGRICULTURAL PRODUCTIVITY
dc.subjectAGRICULTURAL PRODUCTS
dc.subjectAGRICULTURE
dc.subjectBILATERAL TRADE
dc.subjectBUSINESS CYCLE
dc.subjectCAPITA INCOME GROWTH
dc.subjectCAPITAL ACCUMULATION
dc.subjectCAPITAL MARKETS
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCOMPETITIVENESS
dc.subjectCONSTANT PRICES
dc.subjectCONSTANT RATE
dc.subjectCONSUMERS
dc.subjectCONVERGENCE DEBATE
dc.subjectCOUNTRY CASE
dc.subjectCOUNTRY REGRESSIONS
dc.subjectCOUNTRY-SPECIFIC EFFECTS
dc.subjectCROSS-COUNTRY PANEL
dc.subjectCROSS-SECTIONAL REGRESSIONS
dc.subjectDATA MODEL
dc.subjectDEPENDENT VARIABLE
dc.subjectDETERMINANTS OF GROWTH
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPING COUNTRY
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDEVELOPMENT INDICATORS
dc.subjectDEVELOPMENT POLICY
dc.subjectDEVELOPMENT PRACTITIONERS
dc.subjectDOMESTIC DEMAND
dc.subjectDOWNWARD BIAS
dc.subjectDYNAMIC PANEL
dc.subjectECONOMETRIC ANALYSIS
dc.subjectECONOMETRICS
dc.subjectECONOMIC AGENTS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GEOGRAPHY
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC GROWTH PERFORMANCE
dc.subjectECONOMIC POLICY
dc.subjectECONOMIC REFORMS
dc.subjectECONOMIC RESEARCH
dc.subjectECONOMIC REVIEW
dc.subjectECONOMIC STUDIES
dc.subjectECONOMIC THEORY
dc.subjectECONOMICS
dc.subjectECONOMICS LETTERS
dc.subjectEDUCATIONAL ATTAINMENT
dc.subjectEMPIRICAL ANALYSIS
dc.subjectEMPIRICAL EVIDENCE
dc.subjectEMPIRICAL FINDINGS
dc.subjectEMPIRICAL LITERATURE
dc.subjectEMPIRICAL MODEL
dc.subjectEMPLOYMENT EQUATIONS
dc.subjectENDOGENOUS GROWTH
dc.subjectEXPLANATORY FACTORS
dc.subjectEXPLANATORY VARIABLES
dc.subjectEXPORT
dc.subjectEXPORT DIVERSIFICATION
dc.subjectEXPORT GROWTH
dc.subjectEXPORT PERFORMANCES
dc.subjectEXPORTS
dc.subjectEXTERNALITIES
dc.subjectEXTERNALITY
dc.subjectFISCAL POLICIES
dc.subjectFIXED EFFECTS
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGLOBAL ECONOMY
dc.subjectGROWTH DEBATE
dc.subjectGROWTH EMPIRICS
dc.subjectGROWTH EQUATION
dc.subjectGROWTH EQUATIONS
dc.subjectGROWTH INVESTMENT
dc.subjectGROWTH LITERATURE
dc.subjectGROWTH MODEL
dc.subjectGROWTH MODELS
dc.subjectGROWTH PERFORMANCE
dc.subjectGROWTH PROCESS
dc.subjectGROWTH RATE
dc.subjectGROWTH RATES
dc.subjectGROWTH REGRESSION
dc.subjectGROWTH REGRESSIONS
dc.subjectHETEROSKEDASTICITY
dc.subjectHUMAN CAPITAL
dc.subjectINCOME GROWTH
dc.subjectINCOME LEVEL
dc.subjectINCOME LEVELS
dc.subjectINCOME PER CAPITA
dc.subjectINCREASING GROWTH
dc.subjectINDUSTRIAL ECONOMICS
dc.subjectINDUSTRIALIZED COUNTRIES
dc.subjectINEQUALITY
dc.subjectINFORMAL ECONOMY
dc.subjectINFORMATION EXTERNALITIES
dc.subjectINTERNATIONAL TRADE
dc.subjectINVERSE RELATIONSHIP
dc.subjectJUDGMENT
dc.subjectKNOWLEDGE ECONOMY
dc.subjectLABOR FORCE
dc.subjectLABOR FORCE GROWTH
dc.subjectLAGGED GROWTH
dc.subjectLAGGED LEVELS
dc.subjectLAGGED VALUES
dc.subjectLEVEL OF TECHNOLOGY
dc.subjectLOG INCOME
dc.subjectLOW-INCOME COUNTRIES
dc.subjectMACROECONOMIC VARIABLES
dc.subjectMODEL OF GROWTH
dc.subjectMODEL SPECIFICATIONS
dc.subjectMONETARY ECONOMICS
dc.subjectNATURAL LOG
dc.subjectNATURAL RESOURCES
dc.subjectNEGATIVE CORRELATION
dc.subjectNEGATIVE IMPACT
dc.subjectNEGATIVE RELATIONSHIP
dc.subjectNEGATIVE TERMS
dc.subjectNEOCLASSICAL THEORY
dc.subjectPANEL REGRESSIONS
dc.subjectPATENTS
dc.subjectPER CAPITA GROWTH
dc.subjectPER CAPITA GROWTH RATE
dc.subjectPER CAPITA INCOME
dc.subjectPOLICY MAKERS
dc.subjectPOLICY MAKING
dc.subjectPOLICY RESEARCH
dc.subjectPOLITICAL ECONOMY
dc.subjectPOOR GROWTH
dc.subjectPOPULATION GROWTH
dc.subjectPOSITIVE EFFECT
dc.subjectPOVERTY REDUCTION
dc.subjectPOWER PARITY
dc.subjectPRIMARY PRODUCTS
dc.subjectPURCHASING POWER
dc.subjectREAL EXCHANGE RATE
dc.subjectREAL GDP
dc.subjectREGRESSION ANALYSIS
dc.subjectROLE OF INNOVATION
dc.subjectSERIES OBSERVATIONS
dc.subjectSTATE OF KNOWLEDGE
dc.subjectSTRUCTURAL CHANGE
dc.subjectSUSTAINABLE GROWTH
dc.subjectTECHNOLOGICAL PROGRESS
dc.subjectTECHNOLOGY TRANSFER
dc.subjectVALUE ADDED
dc.subjectVALUE­ADDED
dc.titleExport Diversification and Economic Growth
dc.typeWorking Paper
dc.typeDocument de travail
dc.typeDocumento de trabajo

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