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Export Growth and Diversification : The Case of Peru

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dc.contributor.authorIllescas, Javier
dc.contributor.authorJaramillo, C. Felipe
dc.date.accessioned2012-03-19T18:05:57Z
dc.date.available2012-03-19T18:05:57Z
dc.date.issued2011-11-01
dc.description.abstractThe rapid growth of exports since the early 1990s is a central feature in the extraordinary rise of Peru's economy in recent years. This study puts a lens on this export growth episode, with special attention to two issues. The first one is the role of international price levels as well as export volumes in explaining this growth. The second one is whether Peru has seen a diversification of its exports during this growth episode. The empirical analysis finds that although the increase in international mineral prices has exerted a significant impact in recent years, much of the growth of Peru's export revenues has also been related to an increase in volumes. This finding applies to traditional and non- traditional exports, although the importance of volumes is more predominant for the latter. The analysis does not reveal a trend toward greater diversification of Peru's exports since 1993. On the contrary, some of the evidence suggests that the rises in price and volumes in the mining components could be leading to greater concentration. Nonetheless, there is a clear trend toward diversification among non-traditional exports due to the significant emergence of new export products in recent years.en
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20111101083747
dc.identifier.doi10.1596/1813-9450-5868
dc.identifier.urihttps://hdl.handle.net/10986/3634
dc.languageEnglish
dc.relation.ispartofseriesPolicy Research working paper ; no. WPS 5868
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectADVERTISING
dc.subjectAGGREGATE LEVEL
dc.subjectAGRICULTURAL PRODUCTS
dc.subjectAVERAGE GROWTH
dc.subjectAVERAGE GROWTH RATE
dc.subjectCENTRAL BANK
dc.subjectCOMMODITY PRICE
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCOMPARATIVE ADVANTAGES
dc.subjectDEBT
dc.subjectDEFLATORS
dc.subjectDEVELOPED COUNTRIES
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDEVELOPMENT POLICY
dc.subjectDISAGGREGATED LEVEL
dc.subjectDIVERSIFICATION
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC BOOM
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC PERFORMANCE
dc.subjectECONOMIC POLICY
dc.subjectECONOMIC REFORM
dc.subjectECONOMIC REFORMS
dc.subjectECONOMICS LETTERS
dc.subjectEMPIRICAL EVIDENCE
dc.subjectEMPIRICAL LITERATURE
dc.subjectEXCHANGE RATE
dc.subjectEXCHANGE RATES
dc.subjectEXPORT
dc.subjectEXPORT DIVERSIFICATION
dc.subjectEXPORT GROWTH
dc.subjectEXPORT MARKETS
dc.subjectEXPORTS
dc.subjectFINANCIAL CRISIS
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREST RESOURCES
dc.subjectGDP
dc.subjectGLOBAL ECONOMY
dc.subjectGLOBAL MARKETS
dc.subjectGROWTH EPISODE
dc.subjectGROWTH MODEL
dc.subjectGROWTH RATE
dc.subjectGROWTH RATES
dc.subjectGROWTH REGRESSIONS
dc.subjectHIGH GROWTH
dc.subjectHUMAN CAPITAL
dc.subjectINCOME
dc.subjectINCOME LEVELS
dc.subjectINCREASING RETURNS
dc.subjectINCREASING RETURNS TO SCALE
dc.subjectINDEPENDENT VARIABLES
dc.subjectINFLATION
dc.subjectINTEREST RATE
dc.subjectINTERNATIONAL DEVELOPMENT
dc.subjectINTERNATIONAL MARKETS
dc.subjectKNOWLEDGE ECONOMY
dc.subjectLOW-INCOME COUNTRIES
dc.subjectMACROECONOMIC STABILITY
dc.subjectMARKET DISTORTIONS
dc.subjectMARKET REFORMS
dc.subjectMARKETING
dc.subjectMEAT
dc.subjectMILK
dc.subjectMILLS
dc.subjectNATURAL RESOURCES
dc.subjectNEGATIVE EFFECT
dc.subjectNON- TRADITIONAL EXPORTS
dc.subjectNON-TRADITIONAL EXPORTS
dc.subjectPER CAPITA INCOME
dc.subjectPERFUMES
dc.subjectPOLICY RESEARCH
dc.subjectPORTFOLIO THEORY
dc.subjectPOVERTY REDUCTION
dc.subjectPRICE INCREASE
dc.subjectPRICE INDEX
dc.subjectPRICE LEVELS
dc.subjectPRICE VARIATIONS
dc.subjectPRICE VOLATILITY
dc.subjectPRIMARY PRODUCTS
dc.subjectPUBLIC FUNDS
dc.subjectPUBLIC POLICIES
dc.subjectPURCHASING
dc.subjectPURCHASING POWER
dc.subjectRAPID GROWTH
dc.subjectREAL EXCHANGE RATE
dc.subjectRETAIL
dc.subjectRISK AVERSE
dc.subjectSALE
dc.subjectSIGNIFICANT FACTOR
dc.subjectSIGNIFICANT IMPACT
dc.subjectSTATISTICAL DATA
dc.subjectSTRUCTURAL CHANGE
dc.subjectSUGAR
dc.subjectTANNING
dc.subjectTAX
dc.subjectTECHNOLOGY FRONTIER
dc.subjectTIMBER
dc.subjectVALUE ADDED
dc.titleExport Growth and Diversification : The Case of Peruen
dspace.entity.typePublication
okr.crossref.titleExport Growth and Diversification: The Case of Peru
okr.date.disclosure2011-11-01
okr.date.doiregistration2025-04-10T11:07:09.790518Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20111101083747
okr.globalpracticePoverty
okr.guid217021468295498738
okr.identifier.doi10.1596/1813-9450-5868
okr.identifier.externaldocumentum000158349_20111101083747
okr.identifier.internaldocumentum15417357
okr.identifier.reportWPS5868
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2011/11/01/000158349_20111101083747/Rendered/PDF/WPS5868.pdfen
okr.region.administrativeLatin America & Caribbean
okr.region.administrativeLatin America & Caribbean
okr.region.countryPeru
okr.region.geographicalSouth America
okr.region.geographicalAmerica
okr.topicPoverty Reduction::Achieving Shared Growth
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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