Understanding export diversification key drivers and policy implications.

We identify key factors, from large set of potential determinants, that explain the variation in export diversification across countries and over time using Bayesian Model Averaging (BMA), which addresses model uncertainty and ranks factors in order of importance vis-a-vis their explanatory power. O...

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Bibliographic Details
Main Author: Giri, Rahul
Other Authors: Quayyum, Saad, Yin, Rujun
Format: eBook
Language:English
Published: [Washington, D.C.] International Monetary Fund, [2019]
Series:IMF working paper ; WP/19/105.
Subjects:
Online Access:EBSCOhost
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Table of Contents:
  • Cover; contents; i. Introduction; ii. Related literature; iii. Methodology and data; iv. Stylized facts; v.drivers of export diversification: all countries and emdes; vi. Divers of export diversification: emde commodity exporters versus diversified exporters; vii. Doing business indicators and diversification; viii. Policy implications; ix. Conclusion; references; figures; 1. Diversification and development; 2. Diversification and potential determinants; 3. Diversification and potential determinants; tables; 1. Distribution statistics of diversification index
  • 2. Baseline specification, all countries and EMDEs; 3. baseline specification, EMDEs
  • Commodity and diversified exporters; 4. Baseline specification with doing business indicator