Export Diversification: What's behind the Hump?

Details

Serval ID
serval:BIB_8A3DF3CAA4B2
Type
Article: article from journal or magazin.
Collection
Publications
Institution
Title
Export Diversification: What's behind the Hump?
Journal
Review of Economics and Statistics
Author(s)
Cadot  O., Carrère  C., Strauss-Kahn  V.
ISSN
0034-6535
Publication state
Published
Issued date
05/2011
Peer-reviewed
Oui
Volume
93
Number
2
Pages
590-605
Language
english
Notes
First published as CEPR Discussion Paper 6590, November 2007
Abstract
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).
Keywords
Panel-data, international trade, growth, specialization, investment, duration, markets, product
Web of science
Create date
23/08/2011 14:16
Last modification date
20/08/2019 15:49
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