Working Paper

Export Diversification and Economic Growth

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collection.link.122
https://openknowledge.worldbank.org/handle/10986/4397
collection.name.122
Commission on Growth and Development
dc.contributor.author
Hesse, Heiko
dc.date.accessioned
2017-08-28T20:40:49Z
dc.date.available
2017-08-28T20:40:49Z
dc.date.issued
2008
dc.date.lastModified
2021-04-23T14:04:46Z
dc.description.abstract
Export 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.
en
dc.identifier
http://documents.worldbank.org/curated/en/577921468150573677/Export-diversification-and-economic-growth
dc.identifier.uri
http://hdl.handle.net/10986/28040
dc.language
English
dc.language.iso
en_US
dc.publisher
World Bank, Washington, DC
dc.relation.ispartofseries
Commission on Growth and Development Working Paper;No. 21
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
dc.subject
ADVANCED COUNTRIES
dc.subject
AGRICULTURAL PRODUCTIVITY
dc.subject
AGRICULTURAL PRODUCTS
dc.subject
AGRICULTURE
dc.subject
BILATERAL TRADE
dc.subject
BUSINESS CYCLE
dc.subject
CAPITA INCOME GROWTH
dc.subject
CAPITAL ACCUMULATION
dc.subject
CAPITAL MARKETS
dc.subject
COMPARATIVE ADVANTAGE
dc.subject
COMPETITIVENESS
dc.subject
CONSTANT PRICES
dc.subject
CONSTANT RATE
dc.subject
CONSUMERS
dc.subject
CONVERGENCE DEBATE
dc.subject
COUNTRY CASE
dc.subject
COUNTRY REGRESSIONS
dc.subject
COUNTRY-SPECIFIC EFFECTS
dc.subject
CROSS-COUNTRY PANEL
dc.subject
CROSS-SECTIONAL REGRESSIONS
dc.subject
DATA MODEL
dc.subject
DEPENDENT VARIABLE
dc.subject
DETERMINANTS OF GROWTH
dc.subject
DEVELOPING COUNTRIES
dc.subject
DEVELOPING COUNTRY
dc.subject
DEVELOPMENT ECONOMICS
dc.subject
DEVELOPMENT INDICATORS
dc.subject
DEVELOPMENT POLICY
dc.subject
DEVELOPMENT PRACTITIONERS
dc.subject
DOMESTIC DEMAND
dc.subject
DOWNWARD BIAS
dc.subject
DYNAMIC PANEL
dc.subject
ECONOMETRIC ANALYSIS
dc.subject
ECONOMETRICS
dc.subject
ECONOMIC AGENTS
dc.subject
ECONOMIC DEVELOPMENT
dc.subject
ECONOMIC GEOGRAPHY
dc.subject
ECONOMIC GROWTH
dc.subject
ECONOMIC GROWTH PERFORMANCE
dc.subject
ECONOMIC POLICY
dc.subject
ECONOMIC REFORMS
dc.subject
ECONOMIC RESEARCH
dc.subject
ECONOMIC REVIEW
dc.subject
ECONOMIC STUDIES
dc.subject
ECONOMIC THEORY
dc.subject
ECONOMICS
dc.subject
ECONOMICS LETTERS
dc.subject
EDUCATIONAL ATTAINMENT
dc.subject
EMPIRICAL ANALYSIS
dc.subject
EMPIRICAL EVIDENCE
dc.subject
EMPIRICAL FINDINGS
dc.subject
EMPIRICAL LITERATURE
dc.subject
EMPIRICAL MODEL
dc.subject
EMPLOYMENT EQUATIONS
dc.subject
ENDOGENOUS GROWTH
dc.subject
EXPLANATORY FACTORS
dc.subject
EXPLANATORY VARIABLES
dc.subject
EXPORT
dc.subject
EXPORT DIVERSIFICATION
dc.subject
EXPORT GROWTH
dc.subject
EXPORT PERFORMANCES
dc.subject
EXPORTS
dc.subject
EXTERNALITIES
dc.subject
EXTERNALITY
dc.subject
FISCAL POLICIES
dc.subject
FIXED EFFECTS
dc.subject
GDP
dc.subject
GDP PER CAPITA
dc.subject
GLOBAL ECONOMY
dc.subject
GROWTH DEBATE
dc.subject
GROWTH EMPIRICS
dc.subject
GROWTH EQUATION
dc.subject
GROWTH EQUATIONS
dc.subject
GROWTH INVESTMENT
dc.subject
GROWTH LITERATURE
dc.subject
GROWTH MODEL
dc.subject
GROWTH MODELS
dc.subject
GROWTH PERFORMANCE
dc.subject
GROWTH PROCESS
dc.subject
GROWTH RATE
dc.subject
GROWTH RATES
dc.subject
GROWTH REGRESSION
dc.subject
GROWTH REGRESSIONS
dc.subject
HETEROSKEDASTICITY
dc.subject
HUMAN CAPITAL
dc.subject
INCOME GROWTH
dc.subject
INCOME LEVEL
dc.subject
INCOME LEVELS
dc.subject
INCOME PER CAPITA
dc.subject
INCREASING GROWTH
dc.subject
INDUSTRIAL ECONOMICS
dc.subject
INDUSTRIALIZED COUNTRIES
dc.subject
INEQUALITY
dc.subject
INFORMAL ECONOMY
dc.subject
INFORMATION EXTERNALITIES
dc.subject
INTERNATIONAL TRADE
dc.subject
INVERSE RELATIONSHIP
dc.subject
JUDGMENT
dc.subject
KNOWLEDGE ECONOMY
dc.subject
LABOR FORCE
dc.subject
LABOR FORCE GROWTH
dc.subject
LAGGED GROWTH
dc.subject
LAGGED LEVELS
dc.subject
LAGGED VALUES
dc.subject
LEVEL OF TECHNOLOGY
dc.subject
LOG INCOME
dc.subject
LOW-INCOME COUNTRIES
dc.subject
MACROECONOMIC VARIABLES
dc.subject
MODEL OF GROWTH
dc.subject
MODEL SPECIFICATIONS
dc.subject
MONETARY ECONOMICS
dc.subject
NATURAL LOG
dc.subject
NATURAL RESOURCES
dc.subject
NEGATIVE CORRELATION
dc.subject
NEGATIVE IMPACT
dc.subject
NEGATIVE RELATIONSHIP
dc.subject
NEGATIVE TERMS
dc.subject
NEOCLASSICAL THEORY
dc.subject
PANEL REGRESSIONS
dc.subject
PATENTS
dc.subject
PER CAPITA GROWTH
dc.subject
PER CAPITA GROWTH RATE
dc.subject
PER CAPITA INCOME
dc.subject
POLICY MAKERS
dc.subject
POLICY MAKING
dc.subject
POLICY RESEARCH
dc.subject
POLITICAL ECONOMY
dc.subject
POOR GROWTH
dc.subject
POPULATION GROWTH
dc.subject
POSITIVE EFFECT
dc.subject
POVERTY REDUCTION
dc.subject
POWER PARITY
dc.subject
PRIMARY PRODUCTS
dc.subject
PURCHASING POWER
dc.subject
REAL EXCHANGE RATE
dc.subject
REAL GDP
dc.subject
REGRESSION ANALYSIS
dc.subject
ROLE OF INNOVATION
dc.subject
SERIES OBSERVATIONS
dc.subject
STATE OF KNOWLEDGE
dc.subject
STRUCTURAL CHANGE
dc.subject
SUSTAINABLE GROWTH
dc.subject
TECHNOLOGICAL PROGRESS
dc.subject
TECHNOLOGY TRANSFER
dc.subject
VALUE ADDED
dc.subject
VALUE­ADDED
dc.title
Export Diversification and Economic Growth
en
dc.type
Working Paper
en
okr.date.disclosure
2010-12-01
okr.doctype
Publications & Research :: Working Paper
okr.doctype
Publications & Research
okr.docurl
http://documents.worldbank.org/curated/en/577921468150573677/Export-diversification-and-economic-growth
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
000333038_20101201232421
okr.identifier.internaldocumentum
13185433
okr.identifier.report
57721
okr.imported
true
okr.language.supported
en
okr.pdfurl
http://documents.worldbank.org/curated/en/577921468150573677/pdf/577210NWP0Box353766B01PUBLIC10gcwp021web.pdf
en
okr.topic
Macroeconomics and Economic Growth :: Economic Theory & Research
okr.topic
Poverty Reduction :: Achieving Shared Growth
okr.topic
International Economics and Trade :: Export Competitiveness
okr.topic
Private Sector Development :: Competitiveness and Competition Policy
okr.topic
International Economics and Trade :: Trade Policy
okr.unit
Poverty Reduction and Equity (PRMPR)

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