More than Copper : Toward the Diversification and Stabilization of Zambian Exports

This paper analyzes Zambian export patterns using a new transaction-level trade data set for the period 1999-2011. The data show that, in international comparison, Zambian exports are exceptionally concentrated (on mining products). This reliance h...

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Main Authors: Brulhart, Marius, Dihel, Nora, Kukenova, Madina
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank Group, Washington, DC 2015
Subjects:
GDP
TAX
Online Access:http://documents.worldbank.org/curated/en/2015/01/23171167/more-copper-toward-diversification-stabilization-zambian-exports
http://hdl.handle.net/10986/21148
id okr-10986-21148
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCESS TO FOREIGN MARKETS
ACCOUNT HOLDERS
ACCOUNTING
AGRICULTURAL COMMODITIES
AGRICULTURAL PRODUCTS
AGRICULTURE
ANNUAL EXCHANGE RATE
AUCTION
BALANCE OF PAYMENTS
BARRIER
BUSINESS ENVIRONMENT
CAPITAL GOODS
CAPITAL SHORTAGES
CELLULAR SUBSCRIPTIONS
CHECKS
COMMERCIAL BANK
COMMERCIAL BANKS
COMMODITY
COMMODITY PRICE
COMMODITY PRICES
COMPETITIVENESS
CONSUMER PRICES
CREDIT UNIONS
CURRENCY
CUSTOMS PROCEDURES
DEBIT CARD
DEVELOPMENT AGENCY
DEVELOPMENT POLICY
DISTRIBUTION OF WEALTH
DIVIDENDS
DOCUMENTATION REQUIREMENTS
DOMESTIC CREDIT
DOMESTIC MARKET
DOMESTIC PRODUCTION
DUMMY VARIABLES
DUTY DRAWBACK SCHEMES
ECONOMETRIC ANALYSIS
ECONOMIC CRISIS
ECONOMIC DEVELOPMENT
ECONOMIC DOWNTURN
ECONOMIES OF SCALE
EQUIPMENT
EXCHANGE CONTROLS
EXCHANGE RATE FLUCTUATIONS
EXCHANGE RATES
EXPENDITURES
EXPORT DIVERSIFICATION
EXPORT DYNAMICS
EXPORT GROWTH
EXPORT MARKETS
EXPORT OPPORTUNITIES
EXPORT PATTERNS
EXPORT PRICES
EXPORT SECTOR
EXPORT SHARES
EXPORT VALUE
EXPORTER
EXPORTERS
EXPORTS
EXPOSURE
FINANCIAL DEVELOPMENT
FINANCIAL INSTITUTION
FINANCIAL INSTITUTIONS
FINANCIAL INSTRUMENTS
FINANCIAL MARKET
FINANCIAL MARKET DEVELOPMENT
FINANCIAL RETURNS
FINANCIAL SECTOR
FINANCIAL SECTOR DEVELOPMENT
FINANCIAL SERVICE
FINANCIAL SERVICE PROVIDERS
FINANCIAL SERVICES
FINANCIAL SUPPORT
FINANCIAL TRANSACTIONS
FIXED COSTS
FLOATING EXCHANGE RATE
FOREIGN EXCHANGE
FOREIGN EXCHANGE RISKS
FOREIGN EXCHANGE TRANSACTIONS
FOREIGN FIRMS
FUTURES
GDP
GLOBAL COMPETITIVENESS
GOVERNMENT POLICY
GOVERNMENT SUPPORT
GRAVITY VARIABLES
HUMAN CAPITAL
HUMAN CAPITAL DEVELOPMENT
IMPORT BANS
IMPORT DUTIES
IMPORT PRODUCTS
INCOME
INDIVIDUAL FIRMS
INFORMATION ASYMMETRIES
INPUT PRICES
INSTRUMENT
INTERMEDIATE GOODS
INTERMEDIATE IMPORTS
INTERMEDIATE INPUTS
INTERMEDIATE PRODUCTS
INTERNATIONAL BANK
INTERNATIONAL MARKETS
INTERNATIONAL RESERVE
INTERNATIONAL TRADE
INTERNATIONAL TRANSACTIONS
INVESTING
INVESTMENT CAPITAL
LACK OF TRANSPARENCY
LOAN
MARKET DEVELOPMENT
MARKET PRICES
MARKET RESEARCH
MARKETING
MICRO DATA
MICRO-DATA
MICROFINANCE
MICROFINANCE INSTITUTIONS
MULTINATIONAL FIRMS
NEW MARKETS
NEW PRODUCTS
OIL EXPORTERS
OUTPUT
PAYMENTS SYSTEMS
POSITIVE COEFFICIENT
PRICE CONTROL
PRICE CONTROLS
PRICE DISTORTIONS
PRICE INFLATION
PRICE VOLATILITY
PRIVATE INVESTMENT
PRODUCER PRICES
PRODUCTION COSTS
QUANTITATIVE RESTRICTIONS
REBATE
REGIONAL INTEGRATION
REGIONAL TRADE
REGIONAL TRADE AGREEMENTS
REGIONAL TRADE INTEGRATION
REGRESSION ANALYSIS
REGULATORY GOVERNANCE
REGULATORY REQUIREMENTS
RESERVE
RETURNS
STATISTICAL ANALYSIS
SUPPLIER
SUPPLIERS
SWAPS
TARGET MARKET
TARIFF BARRIERS
TAX
TAX EXEMPTIONS
TAXATION
TECHNICAL ASSISTANCE
TELECOMMUNICATIONS
TELECOMMUNICATIONS INFRASTRUCTURE
TRADE COMPETITIVENESS
TRADE COSTS
TRADE DATA
TRADE EXPANSION
TRADE FACILITATION
TRADE FLOWS
TRADE LIBERALIZATION
TRADE PATTERNS
TRADE POLICY
TRADE REGIME
TRADE RELATIONSHIPS
TRADE RESTRICTIONS
TRANSACTION
TRANSPORT COSTS
TRUST FUND
VALUE OF TRADE
VOLATILITY
WHOLESALERS
WORLD MARKET
spellingShingle ACCESS TO FOREIGN MARKETS
ACCOUNT HOLDERS
ACCOUNTING
AGRICULTURAL COMMODITIES
AGRICULTURAL PRODUCTS
AGRICULTURE
ANNUAL EXCHANGE RATE
AUCTION
BALANCE OF PAYMENTS
BARRIER
BUSINESS ENVIRONMENT
CAPITAL GOODS
CAPITAL SHORTAGES
CELLULAR SUBSCRIPTIONS
CHECKS
COMMERCIAL BANK
COMMERCIAL BANKS
COMMODITY
COMMODITY PRICE
COMMODITY PRICES
COMPETITIVENESS
CONSUMER PRICES
CREDIT UNIONS
CURRENCY
CUSTOMS PROCEDURES
DEBIT CARD
DEVELOPMENT AGENCY
DEVELOPMENT POLICY
DISTRIBUTION OF WEALTH
DIVIDENDS
DOCUMENTATION REQUIREMENTS
DOMESTIC CREDIT
DOMESTIC MARKET
DOMESTIC PRODUCTION
DUMMY VARIABLES
DUTY DRAWBACK SCHEMES
ECONOMETRIC ANALYSIS
ECONOMIC CRISIS
ECONOMIC DEVELOPMENT
ECONOMIC DOWNTURN
ECONOMIES OF SCALE
EQUIPMENT
EXCHANGE CONTROLS
EXCHANGE RATE FLUCTUATIONS
EXCHANGE RATES
EXPENDITURES
EXPORT DIVERSIFICATION
EXPORT DYNAMICS
EXPORT GROWTH
EXPORT MARKETS
EXPORT OPPORTUNITIES
EXPORT PATTERNS
EXPORT PRICES
EXPORT SECTOR
EXPORT SHARES
EXPORT VALUE
EXPORTER
EXPORTERS
EXPORTS
EXPOSURE
FINANCIAL DEVELOPMENT
FINANCIAL INSTITUTION
FINANCIAL INSTITUTIONS
FINANCIAL INSTRUMENTS
FINANCIAL MARKET
FINANCIAL MARKET DEVELOPMENT
FINANCIAL RETURNS
FINANCIAL SECTOR
FINANCIAL SECTOR DEVELOPMENT
FINANCIAL SERVICE
FINANCIAL SERVICE PROVIDERS
FINANCIAL SERVICES
FINANCIAL SUPPORT
FINANCIAL TRANSACTIONS
FIXED COSTS
FLOATING EXCHANGE RATE
FOREIGN EXCHANGE
FOREIGN EXCHANGE RISKS
FOREIGN EXCHANGE TRANSACTIONS
FOREIGN FIRMS
FUTURES
GDP
GLOBAL COMPETITIVENESS
GOVERNMENT POLICY
GOVERNMENT SUPPORT
GRAVITY VARIABLES
HUMAN CAPITAL
HUMAN CAPITAL DEVELOPMENT
IMPORT BANS
IMPORT DUTIES
IMPORT PRODUCTS
INCOME
INDIVIDUAL FIRMS
INFORMATION ASYMMETRIES
INPUT PRICES
INSTRUMENT
INTERMEDIATE GOODS
INTERMEDIATE IMPORTS
INTERMEDIATE INPUTS
INTERMEDIATE PRODUCTS
INTERNATIONAL BANK
INTERNATIONAL MARKETS
INTERNATIONAL RESERVE
INTERNATIONAL TRADE
INTERNATIONAL TRANSACTIONS
INVESTING
INVESTMENT CAPITAL
LACK OF TRANSPARENCY
LOAN
MARKET DEVELOPMENT
MARKET PRICES
MARKET RESEARCH
MARKETING
MICRO DATA
MICRO-DATA
MICROFINANCE
MICROFINANCE INSTITUTIONS
MULTINATIONAL FIRMS
NEW MARKETS
NEW PRODUCTS
OIL EXPORTERS
OUTPUT
PAYMENTS SYSTEMS
POSITIVE COEFFICIENT
PRICE CONTROL
PRICE CONTROLS
PRICE DISTORTIONS
PRICE INFLATION
PRICE VOLATILITY
PRIVATE INVESTMENT
PRODUCER PRICES
PRODUCTION COSTS
QUANTITATIVE RESTRICTIONS
REBATE
REGIONAL INTEGRATION
REGIONAL TRADE
REGIONAL TRADE AGREEMENTS
REGIONAL TRADE INTEGRATION
REGRESSION ANALYSIS
REGULATORY GOVERNANCE
REGULATORY REQUIREMENTS
RESERVE
RETURNS
STATISTICAL ANALYSIS
SUPPLIER
SUPPLIERS
SWAPS
TARGET MARKET
TARIFF BARRIERS
TAX
TAX EXEMPTIONS
TAXATION
TECHNICAL ASSISTANCE
TELECOMMUNICATIONS
TELECOMMUNICATIONS INFRASTRUCTURE
TRADE COMPETITIVENESS
TRADE COSTS
TRADE DATA
TRADE EXPANSION
TRADE FACILITATION
TRADE FLOWS
TRADE LIBERALIZATION
TRADE PATTERNS
TRADE POLICY
TRADE REGIME
TRADE RELATIONSHIPS
TRADE RESTRICTIONS
TRANSACTION
TRANSPORT COSTS
TRUST FUND
VALUE OF TRADE
VOLATILITY
WHOLESALERS
WORLD MARKET
Brulhart, Marius
Dihel, Nora
Kukenova, Madina
More than Copper : Toward the Diversification and Stabilization of Zambian Exports
geographic_facet Africa
Zambia
relation Policy Research Working Paper;No. 7151
description This paper analyzes Zambian export patterns using a new transaction-level trade data set for the period 1999-2011. The data show that, in international comparison, Zambian exports are exceptionally concentrated (on mining products). This reliance has been increasing in recent years. Zambia's exports are also characterized by a high level of churning of firms and products. Multivariate models of survival probabilities suggest that exchange rate volatility and difficult access to imported inputs significantly inhibit diversified and stable exports. The econometric analysis is complemented with a qualitative study of the Zambian export sector. The analysis concludes that one of the main policy levers for unleashing Zambia's full potential as an exporter is by facilitating access to imported inputs. Additional measures that ease foreign exchange transactions, simplify export and certification requirements, and increase the predictability of Zambia's trade regime could be effective to promote Zambia's nontraditional exports.
format Publications & Research :: Policy Research Working Paper
author Brulhart, Marius
Dihel, Nora
Kukenova, Madina
author_facet Brulhart, Marius
Dihel, Nora
Kukenova, Madina
author_sort Brulhart, Marius
title More than Copper : Toward the Diversification and Stabilization of Zambian Exports
title_short More than Copper : Toward the Diversification and Stabilization of Zambian Exports
title_full More than Copper : Toward the Diversification and Stabilization of Zambian Exports
title_fullStr More than Copper : Toward the Diversification and Stabilization of Zambian Exports
title_full_unstemmed More than Copper : Toward the Diversification and Stabilization of Zambian Exports
title_sort more than copper : toward the diversification and stabilization of zambian exports
publisher World Bank Group, Washington, DC
publishDate 2015
url http://documents.worldbank.org/curated/en/2015/01/23171167/more-copper-toward-diversification-stabilization-zambian-exports
http://hdl.handle.net/10986/21148
_version_ 1764447778428157952
spelling okr-10986-211482021-04-23T14:04:01Z More than Copper : Toward the Diversification and Stabilization of Zambian Exports Brulhart, Marius Dihel, Nora Kukenova, Madina ACCESS TO FOREIGN MARKETS ACCOUNT HOLDERS ACCOUNTING AGRICULTURAL COMMODITIES AGRICULTURAL PRODUCTS AGRICULTURE ANNUAL EXCHANGE RATE AUCTION BALANCE OF PAYMENTS BARRIER BUSINESS ENVIRONMENT CAPITAL GOODS CAPITAL SHORTAGES CELLULAR SUBSCRIPTIONS CHECKS COMMERCIAL BANK COMMERCIAL BANKS COMMODITY COMMODITY PRICE COMMODITY PRICES COMPETITIVENESS CONSUMER PRICES CREDIT UNIONS CURRENCY CUSTOMS PROCEDURES DEBIT CARD DEVELOPMENT AGENCY DEVELOPMENT POLICY DISTRIBUTION OF WEALTH DIVIDENDS DOCUMENTATION REQUIREMENTS DOMESTIC CREDIT DOMESTIC MARKET DOMESTIC PRODUCTION DUMMY VARIABLES DUTY DRAWBACK SCHEMES ECONOMETRIC ANALYSIS ECONOMIC CRISIS ECONOMIC DEVELOPMENT ECONOMIC DOWNTURN ECONOMIES OF SCALE EQUIPMENT EXCHANGE CONTROLS EXCHANGE RATE FLUCTUATIONS EXCHANGE RATES EXPENDITURES EXPORT DIVERSIFICATION EXPORT DYNAMICS EXPORT GROWTH EXPORT MARKETS EXPORT OPPORTUNITIES EXPORT PATTERNS EXPORT PRICES EXPORT SECTOR EXPORT SHARES EXPORT VALUE EXPORTER EXPORTERS EXPORTS EXPOSURE FINANCIAL DEVELOPMENT FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL MARKET FINANCIAL MARKET DEVELOPMENT FINANCIAL RETURNS FINANCIAL SECTOR FINANCIAL SECTOR DEVELOPMENT FINANCIAL SERVICE FINANCIAL SERVICE PROVIDERS FINANCIAL SERVICES FINANCIAL SUPPORT FINANCIAL TRANSACTIONS FIXED COSTS FLOATING EXCHANGE RATE FOREIGN EXCHANGE FOREIGN EXCHANGE RISKS FOREIGN EXCHANGE TRANSACTIONS FOREIGN FIRMS FUTURES GDP GLOBAL COMPETITIVENESS GOVERNMENT POLICY GOVERNMENT SUPPORT GRAVITY VARIABLES HUMAN CAPITAL HUMAN CAPITAL DEVELOPMENT IMPORT BANS IMPORT DUTIES IMPORT PRODUCTS INCOME INDIVIDUAL FIRMS INFORMATION ASYMMETRIES INPUT PRICES INSTRUMENT INTERMEDIATE GOODS INTERMEDIATE IMPORTS INTERMEDIATE INPUTS INTERMEDIATE PRODUCTS INTERNATIONAL BANK INTERNATIONAL MARKETS INTERNATIONAL RESERVE INTERNATIONAL TRADE INTERNATIONAL TRANSACTIONS INVESTING INVESTMENT CAPITAL LACK OF TRANSPARENCY LOAN MARKET DEVELOPMENT MARKET PRICES MARKET RESEARCH MARKETING MICRO DATA MICRO-DATA MICROFINANCE MICROFINANCE INSTITUTIONS MULTINATIONAL FIRMS NEW MARKETS NEW PRODUCTS OIL EXPORTERS OUTPUT PAYMENTS SYSTEMS POSITIVE COEFFICIENT PRICE CONTROL PRICE CONTROLS PRICE DISTORTIONS PRICE INFLATION PRICE VOLATILITY PRIVATE INVESTMENT PRODUCER PRICES PRODUCTION COSTS QUANTITATIVE RESTRICTIONS REBATE REGIONAL INTEGRATION REGIONAL TRADE REGIONAL TRADE AGREEMENTS REGIONAL TRADE INTEGRATION REGRESSION ANALYSIS REGULATORY GOVERNANCE REGULATORY REQUIREMENTS RESERVE RETURNS STATISTICAL ANALYSIS SUPPLIER SUPPLIERS SWAPS TARGET MARKET TARIFF BARRIERS TAX TAX EXEMPTIONS TAXATION TECHNICAL ASSISTANCE TELECOMMUNICATIONS TELECOMMUNICATIONS INFRASTRUCTURE TRADE COMPETITIVENESS TRADE COSTS TRADE DATA TRADE EXPANSION TRADE FACILITATION TRADE FLOWS TRADE LIBERALIZATION TRADE PATTERNS TRADE POLICY TRADE REGIME TRADE RELATIONSHIPS TRADE RESTRICTIONS TRANSACTION TRANSPORT COSTS TRUST FUND VALUE OF TRADE VOLATILITY WHOLESALERS WORLD MARKET This paper analyzes Zambian export patterns using a new transaction-level trade data set for the period 1999-2011. The data show that, in international comparison, Zambian exports are exceptionally concentrated (on mining products). This reliance has been increasing in recent years. Zambia's exports are also characterized by a high level of churning of firms and products. Multivariate models of survival probabilities suggest that exchange rate volatility and difficult access to imported inputs significantly inhibit diversified and stable exports. The econometric analysis is complemented with a qualitative study of the Zambian export sector. The analysis concludes that one of the main policy levers for unleashing Zambia's full potential as an exporter is by facilitating access to imported inputs. Additional measures that ease foreign exchange transactions, simplify export and certification requirements, and increase the predictability of Zambia's trade regime could be effective to promote Zambia's nontraditional exports. 2015-01-07T22:10:15Z 2015-01-07T22:10:15Z 2015-01 http://documents.worldbank.org/curated/en/2015/01/23171167/more-copper-toward-diversification-stabilization-zambian-exports http://hdl.handle.net/10986/21148 English en_US Policy Research Working Paper;No. 7151 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Group, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Africa Zambia