Publication:
Watching More Than the Discovery Channel : Export Cycles and Diversification in Development

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dc.contributor.authorBrenton, Paul
dc.contributor.authorNewfarmer, Richard
dc.date.accessioned2012-06-08T13:56:17Z
dc.date.available2012-06-08T13:56:17Z
dc.date.issued2007-08
dc.description.abstractThis paper examines the export performance of 99 countries over 1995-2004 to understand the relative roles of export growth through "discovery" of new products and growth during post-discovery phases of the export product cycle -- acceleration and maturation -- in existing markets and expansion into new geographic markets. The authors find that expanding existing products in existing markets (growth at the intensive margin) has greater weight in export growth than diversification into new products and new geographic markets (growth at the extensive margin). Moreover, growth into new geographic markets appears to be more important than discovery of new export products in explaining export growth. Of particular importance is whether an exporting country succeeds in reaching more national markets that are already importing the product it makes. This geographic index of market penetration is a powerful explanatory variable of export performance. This suggests that governments should not focus solely or even primarily on the discovery channel, but also seek to identify and address market failures that are constraining exporters in subsequent phases of the export cycle.en
dc.identifierhttp://documents.worldbank.org/curated/en/2007/08/8021306/watching-more-discovery-channel-export-cycles-diversification-development
dc.identifier.doi10.1596/1813-9450-4302
dc.identifier.urihttps://hdl.handle.net/10986/7493
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper; No. 4302
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS TO TECHNOLOGY
dc.subjectACCOUNTING
dc.subjectAGGREGATE EXPORTS
dc.subjectAVERAGE TARIFFS
dc.subjectBANK POLICY
dc.subjectBARRIERS TO COMPETITION
dc.subjectBARRIERS TO ENTRY
dc.subjectBILATERAL TRADE
dc.subjectBUSINESS CLIMATE
dc.subjectBUSINESS ENVIRONMENT
dc.subjectCAPITAL GOODS
dc.subjectCARTEL
dc.subjectCOMMODITY
dc.subjectCOMPETITIVENESS
dc.subjectDATA AVAILABILITY
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPING COUNTRY
dc.subjectDEVELOPING COUNTRY MARKETS
dc.subjectDEVELOPING ECONOMIES
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDOMESTIC DEMAND
dc.subjectDOMESTIC MARKET
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC SIZE
dc.subjectECONOMIES OF SCALE
dc.subjectEXPORT DIVERSIFICATION
dc.subjectEXPORT GROWTH
dc.subjectEXPORT MARKET
dc.subjectEXPORT MARKET SHARE
dc.subjectEXPORT MARKETS
dc.subjectEXPORT OPPORTUNITIES
dc.subjectEXPORT PERFORMANCE
dc.subjectEXPORT PROCESSING
dc.subjectEXPORT PROCESSING ZONES
dc.subjectEXPORT SECTORS
dc.subjectEXPORTER
dc.subjectEXPORTERS
dc.subjectEXPORTS
dc.subjectFACTOR MARKETS
dc.subjectFIXED COSTS
dc.subjectFOREIGN MARKET
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGEOGRAPHIC DIVERSIFICATION
dc.subjectGEOGRAPHIC MARKETS
dc.subjectGLOBAL COMPETITION
dc.subjectGLOBAL ECONOMIC PROSPECTS
dc.subjectGLOBAL ECONOMY
dc.subjectGLOBAL IMPORTS
dc.subjectGLOBAL MARKETS
dc.subjectGLOBALIZATION
dc.subjectGOVERNMENT INTERVENTION
dc.subjectIMPACT OF TRADE
dc.subjectIMPORT MARKETS
dc.subjectINCOME
dc.subjectINCOME GROUP
dc.subjectINCOME GROUPS
dc.subjectINCOME VOLATILITY
dc.subjectINDUSTRIAL POLICIES
dc.subjectINFORMATIONAL ASYMMETRIES
dc.subjectINTERMEDIATE INPUTS
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL INVESTMENT
dc.subjectINTERNATIONAL MARKETS
dc.subjectINTERNATIONAL TRADE
dc.subjectLABOR MARKET
dc.subjectLABOR MARKET POLICIES
dc.subjectLDCS
dc.subjectLOCAL MARKET
dc.subjectLOW-INCOME COUNTRIES
dc.subjectMARGIN ACCOUNTS
dc.subjectMARGINAL COST
dc.subjectMARGINAL COSTS
dc.subjectMARKET ACCESS
dc.subjectMARKET ENTRY
dc.subjectMARKET FAILURE
dc.subjectMARKET FAILURES
dc.subjectMARKET IMPERFECTIONS
dc.subjectMARKET INFORMATION
dc.subjectMARKET PENETRATION
dc.subjectMARKET REGULATIONS
dc.subjectMARKET SHARE
dc.subjectMARKETING
dc.subjectMIDDLE EAST
dc.subjectMIDDLE INCOME COUNTRIES
dc.subjectMIDDLE-INCOME COUNTRIES
dc.subjectMONOPOLIES
dc.subjectNEW MARKET
dc.subjectNEW MARKETS
dc.subjectNEW PRODUCT
dc.subjectNEW PRODUCTS
dc.subjectNORTH AFRICA
dc.subjectOIL EXPORTERS
dc.subjectOUTPUT
dc.subjectPATTERNS OF TRADE
dc.subjectPER CAPITA INCOME
dc.subjectPER CAPITA INCOMES
dc.subjectPORTFOLIO
dc.subjectPOTENTIAL DEMAND
dc.subjectPRODUCTIVITY
dc.subjectPRODUCTIVITY GROWTH
dc.subjectRAPID GROWTH
dc.subjectRETURNS
dc.subjectSALES
dc.subjectSERVICES MARKETS
dc.subjectSPECIALIZATION
dc.subjectSUPPLIERS
dc.subjectTAX
dc.subjectTELECOMMUNICATIONS
dc.subjectTERMS OF TRADE
dc.subjectTERMS OF TRADE SHOCKS
dc.subjectTHIRD MARKETS
dc.subjectTRADE COSTS
dc.subjectTRADE DATA
dc.subjectTRADE FLOWS
dc.subjectTRADE OPENNESS
dc.subjectTRADE REGIME
dc.subjectTRADE RELATIONSHIPS
dc.subjectTRADE VOLUMES
dc.subjectTRANSPORT COSTS
dc.subjectTRINIDAD AND TOBAGO
dc.subjectTURNOVER
dc.subjectVALUE OF EXPORTS
dc.subjectVALUE OF IMPORTS
dc.subjectVOLATILITY
dc.subjectWEALTH
dc.subjectWORLD TRADE
dc.subjectWORLD TRADE ORGANIZATION
dc.titleWatching More Than the Discovery Channel : Export Cycles and Diversification in Developmenten
dspace.entity.typePublication
okr.crossref.titleWatching More Than The Discovery Channel : Export Cycles And Diversification In Development
okr.date.doiregistration2025-04-10T10:37:51.527112Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2007/08/8021306/watching-more-discovery-channel-export-cycles-diversification-development
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeFinance and Markets
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid740431468314706909
okr.identifier.doi10.1596/1813-9450-4302
okr.identifier.externaldocumentum000158349_20070802162950
okr.identifier.internaldocumentum8021306
okr.identifier.reportWPS4302
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2007/08/02/000158349_20070802162950/Rendered/PDF/WPS4302.pdfen
okr.topicEconomic Theory and Research
okr.topicMacroeconomics and Economic Growth::Markets and Market Access
okr.topicPrivate Sector Development::Emerging Markets
okr.topicInternational Economics and Trade::Free Trade
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicInternational Economics and Trade
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
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