Patterns of Export Diversification in Developing Countries : Intensive and Extensive Margins

This paper uses highly disaggregated trade data to investigate geographic and product diversification patterns across a group of developing nations for the period from 1990 to 2005. The econometric investigation shows that the gravity equation fits...

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Main Authors:	Amurgo-Pacheco, Alberto, Pierola, Martha Denisse
Format:	Policy Research Working Paper
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ABSOLUTE VALUE AGRICULTURAL PRODUCTS AGRICULTURE APPAREL BASE YEAR BASKET OF GOODS BENCHMARK BILATERAL RELATIONSHIPS BILATERAL TRADE BILATERAL TRADE RELATIONS CENTRAL BANK COMMODITIES COMPARATIVE ADVANTAGE COST REDUCTION COUNTRY LEVEL CURRENCY CUSTOMS CUSTOMS UNIONS DENSITY FUNCTION DEPENDENT VARIABLE DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPING ECONOMIES DEVELOPMENT ECONOMICS DISAGGREGATED LEVEL DISTRIBUTION OF TRADE DOLLAR VALUE DOMESTIC MARKET ECONOMETRIC ANALYSIS ECONOMETRICS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC LITERATURE ECONOMIC POLICY ECONOMIC RESEARCH ECONOMIC STRUCTURE ECONOMICS LETTERS ELASTICITY ELASTICITY OF SUBSTITUTION EMPIRICAL EVIDENCE EMPIRICAL WORK EQUILIBRIUM ESTIMATION METHOD ESTIMATION TECHNIQUES EXPECTED VALUE EXPORT BASKET EXPORT DIVERSIFICATION EXPORT GROWTH EXPORT PRODUCTS EXPORT PROMOTION EXPORTERS EXPORTS EXTERNALITIES FINAL GOODS FOREIGN MARKETS FREE TRADE FREE TRADE AGREEMENTS FUTURE RESEARCH GDP GEOGRAPHIC DIVERSIFICATION GLOBAL ECONOMIC PROSPECTS GRAVITY EQUATION GRAVITY MODEL GRAVITY VARIABLES GROWTH VOLATILITY HIGH GROWTH IMPACT OF TRADE IMPORTS INCOME INDEPENDENT VARIABLES INDIVIDUAL COUNTRIES INDUSTRIAL POLICY INDUSTRIAL SECTOR INDUSTRIALIZATION INTERNATIONAL ECONOMICS INTERNATIONAL PRICES INTERNATIONAL TRADE KNOWLEDGE SPILLOVERS LATIN AMERICAN MARGIN ACCOUNT MARGIN ACCOUNTS MARGINAL COST MARGINAL COSTS MARGINAL EFFECT MARGINAL EFFECTS MARKET ACCESS MARKET ENTRY MARKET SIZE METAL PRODUCTS NEGATIVE SIGN NEW PRODUCT NEW PRODUCTS 0 HYPOTHESIS OUTSOURCING POLICY AREAS POLICY PERSPECTIVE POLICY RESEARCH PREFERENTIAL TRADE PREFERENTIAL TRADE AGREEMENTS PREFERENTIAL TRADE LIBERALIZATION PRICE INDEX PRODUCTION STRUCTURE REGIONAL TRADE REGIONAL TRADE AGREEMENTS REGIONALISM RELATIVE IMPORTANCE SHARE OF WORLD TRADE SIGNIFICANT IMPACT SUNK COSTS TARIFF DATA TRADE AMONG DEVELOPING COUNTRIES TRADE COSTS TRADE DATA TRADE EFFECT TRADE FACILITATION TRADE FLOWS TRADE LIBERALIZATION TRADE MODEL TRADE MORE TRADE POLICY TRADE RELATIONSHIP TRADE STRUCTURE TRADE THEORIES TRADE VALUES TRADE VOLUME TRADING VOLUMES TRANSPARENCY UNDERESTIMATES VALUE OF EXPORTS WORLD DEVELOPMENT INDICATORS WORLD ECONOMY WORLD TRADE WORLD TRADE ORGANIZATION WTO
Online Access:	http://documents.worldbank.org/curated/en/2008/01/8930219/patterns-export-diversification-developing-countries-intensive-extensive-margins http://hdl.handle.net/10986/6447

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recordtype	oai_dc
spelling	okr-10986-64472021-04-23T14:02:30Z Patterns of Export Diversification in Developing Countries : Intensive and Extensive Margins Amurgo-Pacheco, Alberto Pierola, Martha Denisse ABSOLUTE VALUE AGRICULTURAL PRODUCTS AGRICULTURE APPAREL BASE YEAR BASKET OF GOODS BENCHMARK BILATERAL RELATIONSHIPS BILATERAL TRADE BILATERAL TRADE RELATIONS CENTRAL BANK COMMODITIES COMPARATIVE ADVANTAGE COST REDUCTION COUNTRY LEVEL CURRENCY CUSTOMS CUSTOMS UNIONS DENSITY FUNCTION DEPENDENT VARIABLE DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPING ECONOMIES DEVELOPMENT ECONOMICS DISAGGREGATED LEVEL DISTRIBUTION OF TRADE DOLLAR VALUE DOMESTIC MARKET ECONOMETRIC ANALYSIS ECONOMETRICS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC LITERATURE ECONOMIC POLICY ECONOMIC RESEARCH ECONOMIC STRUCTURE ECONOMICS LETTERS ELASTICITY ELASTICITY OF SUBSTITUTION EMPIRICAL EVIDENCE EMPIRICAL WORK EQUILIBRIUM ESTIMATION METHOD ESTIMATION TECHNIQUES EXPECTED VALUE EXPORT BASKET EXPORT DIVERSIFICATION EXPORT GROWTH EXPORT PRODUCTS EXPORT PROMOTION EXPORTERS EXPORTS EXTERNALITIES FINAL GOODS FOREIGN MARKETS FREE TRADE FREE TRADE AGREEMENTS FUTURE RESEARCH GDP GEOGRAPHIC DIVERSIFICATION GLOBAL ECONOMIC PROSPECTS GRAVITY EQUATION GRAVITY MODEL GRAVITY VARIABLES GROWTH VOLATILITY HIGH GROWTH IMPACT OF TRADE IMPORTS INCOME INDEPENDENT VARIABLES INDIVIDUAL COUNTRIES INDUSTRIAL POLICY INDUSTRIAL SECTOR INDUSTRIALIZATION INTERNATIONAL ECONOMICS INTERNATIONAL PRICES INTERNATIONAL TRADE KNOWLEDGE SPILLOVERS LATIN AMERICAN MARGIN ACCOUNT MARGIN ACCOUNTS MARGINAL COST MARGINAL COSTS MARGINAL EFFECT MARGINAL EFFECTS MARKET ACCESS MARKET ENTRY MARKET SIZE METAL PRODUCTS NEGATIVE SIGN NEW PRODUCT NEW PRODUCTS 0 HYPOTHESIS OUTSOURCING POLICY AREAS POLICY PERSPECTIVE POLICY RESEARCH PREFERENTIAL TRADE PREFERENTIAL TRADE AGREEMENTS PREFERENTIAL TRADE LIBERALIZATION PRICE INDEX PRODUCTION STRUCTURE REGIONAL TRADE REGIONAL TRADE AGREEMENTS REGIONALISM RELATIVE IMPORTANCE SHARE OF WORLD TRADE SIGNIFICANT IMPACT SUNK COSTS TARIFF DATA TRADE AMONG DEVELOPING COUNTRIES TRADE COSTS TRADE DATA TRADE EFFECT TRADE FACILITATION TRADE FLOWS TRADE LIBERALIZATION TRADE MODEL TRADE MORE TRADE POLICY TRADE RELATIONSHIP TRADE STRUCTURE TRADE THEORIES TRADE VALUES TRADE VOLUME TRADING VOLUMES TRANSPARENCY UNDERESTIMATES VALUE OF EXPORTS WORLD DEVELOPMENT INDICATORS WORLD ECONOMY WORLD TRADE WORLD TRADE ORGANIZATION WTO This paper uses highly disaggregated trade data to investigate geographic and product diversification patterns across a group of developing nations for the period from 1990 to 2005. The econometric investigation shows that the gravity equation fits the observed differences in diversification across nations. The analysis shows that exports at the intensive margin account for the most important share of overall trade growth. At the extensive margin, geographic diversification is more important than product diversification, especially for developing countries. Taking part in free trade agreements, thereby reducing trade costs, and trading with countries in the North are also found to have positive impacts on export diversification for developing countries. 2012-05-25T18:36:57Z 2012-05-25T18:36:57Z 2008-01 http://documents.worldbank.org/curated/en/2008/01/8930219/patterns-export-diversification-developing-countries-intensive-extensive-margins http://hdl.handle.net/10986/6447 English Policy Research Working Paper; No. 4473 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ABSOLUTE VALUE AGRICULTURAL PRODUCTS AGRICULTURE APPAREL BASE YEAR BASKET OF GOODS BENCHMARK BILATERAL RELATIONSHIPS BILATERAL TRADE BILATERAL TRADE RELATIONS CENTRAL BANK COMMODITIES COMPARATIVE ADVANTAGE COST REDUCTION COUNTRY LEVEL CURRENCY CUSTOMS CUSTOMS UNIONS DENSITY FUNCTION DEPENDENT VARIABLE DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPING ECONOMIES DEVELOPMENT ECONOMICS DISAGGREGATED LEVEL DISTRIBUTION OF TRADE DOLLAR VALUE DOMESTIC MARKET ECONOMETRIC ANALYSIS ECONOMETRICS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC LITERATURE ECONOMIC POLICY ECONOMIC RESEARCH ECONOMIC STRUCTURE ECONOMICS LETTERS ELASTICITY ELASTICITY OF SUBSTITUTION EMPIRICAL EVIDENCE EMPIRICAL WORK EQUILIBRIUM ESTIMATION METHOD ESTIMATION TECHNIQUES EXPECTED VALUE EXPORT BASKET EXPORT DIVERSIFICATION EXPORT GROWTH EXPORT PRODUCTS EXPORT PROMOTION EXPORTERS EXPORTS EXTERNALITIES FINAL GOODS FOREIGN MARKETS FREE TRADE FREE TRADE AGREEMENTS FUTURE RESEARCH GDP GEOGRAPHIC DIVERSIFICATION GLOBAL ECONOMIC PROSPECTS GRAVITY EQUATION GRAVITY MODEL GRAVITY VARIABLES GROWTH VOLATILITY HIGH GROWTH IMPACT OF TRADE IMPORTS INCOME INDEPENDENT VARIABLES INDIVIDUAL COUNTRIES INDUSTRIAL POLICY INDUSTRIAL SECTOR INDUSTRIALIZATION INTERNATIONAL ECONOMICS INTERNATIONAL PRICES INTERNATIONAL TRADE KNOWLEDGE SPILLOVERS LATIN AMERICAN MARGIN ACCOUNT MARGIN ACCOUNTS MARGINAL COST MARGINAL COSTS MARGINAL EFFECT MARGINAL EFFECTS MARKET ACCESS MARKET ENTRY MARKET SIZE METAL PRODUCTS NEGATIVE SIGN NEW PRODUCT NEW PRODUCTS 0 HYPOTHESIS OUTSOURCING POLICY AREAS POLICY PERSPECTIVE POLICY RESEARCH PREFERENTIAL TRADE PREFERENTIAL TRADE AGREEMENTS PREFERENTIAL TRADE LIBERALIZATION PRICE INDEX PRODUCTION STRUCTURE REGIONAL TRADE REGIONAL TRADE AGREEMENTS REGIONALISM RELATIVE IMPORTANCE SHARE OF WORLD TRADE SIGNIFICANT IMPACT SUNK COSTS TARIFF DATA TRADE AMONG DEVELOPING COUNTRIES TRADE COSTS TRADE DATA TRADE EFFECT TRADE FACILITATION TRADE FLOWS TRADE LIBERALIZATION TRADE MODEL TRADE MORE TRADE POLICY TRADE RELATIONSHIP TRADE STRUCTURE TRADE THEORIES TRADE VALUES TRADE VOLUME TRADING VOLUMES TRANSPARENCY UNDERESTIMATES VALUE OF EXPORTS WORLD DEVELOPMENT INDICATORS WORLD ECONOMY WORLD TRADE WORLD TRADE ORGANIZATION WTO
spellingShingle	ABSOLUTE VALUE AGRICULTURAL PRODUCTS AGRICULTURE APPAREL BASE YEAR BASKET OF GOODS BENCHMARK BILATERAL RELATIONSHIPS BILATERAL TRADE BILATERAL TRADE RELATIONS CENTRAL BANK COMMODITIES COMPARATIVE ADVANTAGE COST REDUCTION COUNTRY LEVEL CURRENCY CUSTOMS CUSTOMS UNIONS DENSITY FUNCTION DEPENDENT VARIABLE DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPING ECONOMIES DEVELOPMENT ECONOMICS DISAGGREGATED LEVEL DISTRIBUTION OF TRADE DOLLAR VALUE DOMESTIC MARKET ECONOMETRIC ANALYSIS ECONOMETRICS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC LITERATURE ECONOMIC POLICY ECONOMIC RESEARCH ECONOMIC STRUCTURE ECONOMICS LETTERS ELASTICITY ELASTICITY OF SUBSTITUTION EMPIRICAL EVIDENCE EMPIRICAL WORK EQUILIBRIUM ESTIMATION METHOD ESTIMATION TECHNIQUES EXPECTED VALUE EXPORT BASKET EXPORT DIVERSIFICATION EXPORT GROWTH EXPORT PRODUCTS EXPORT PROMOTION EXPORTERS EXPORTS EXTERNALITIES FINAL GOODS FOREIGN MARKETS FREE TRADE FREE TRADE AGREEMENTS FUTURE RESEARCH GDP GEOGRAPHIC DIVERSIFICATION GLOBAL ECONOMIC PROSPECTS GRAVITY EQUATION GRAVITY MODEL GRAVITY VARIABLES GROWTH VOLATILITY HIGH GROWTH IMPACT OF TRADE IMPORTS INCOME INDEPENDENT VARIABLES INDIVIDUAL COUNTRIES INDUSTRIAL POLICY INDUSTRIAL SECTOR INDUSTRIALIZATION INTERNATIONAL ECONOMICS INTERNATIONAL PRICES INTERNATIONAL TRADE KNOWLEDGE SPILLOVERS LATIN AMERICAN MARGIN ACCOUNT MARGIN ACCOUNTS MARGINAL COST MARGINAL COSTS MARGINAL EFFECT MARGINAL EFFECTS MARKET ACCESS MARKET ENTRY MARKET SIZE METAL PRODUCTS NEGATIVE SIGN NEW PRODUCT NEW PRODUCTS 0 HYPOTHESIS OUTSOURCING POLICY AREAS POLICY PERSPECTIVE POLICY RESEARCH PREFERENTIAL TRADE PREFERENTIAL TRADE AGREEMENTS PREFERENTIAL TRADE LIBERALIZATION PRICE INDEX PRODUCTION STRUCTURE REGIONAL TRADE REGIONAL TRADE AGREEMENTS REGIONALISM RELATIVE IMPORTANCE SHARE OF WORLD TRADE SIGNIFICANT IMPACT SUNK COSTS TARIFF DATA TRADE AMONG DEVELOPING COUNTRIES TRADE COSTS TRADE DATA TRADE EFFECT TRADE FACILITATION TRADE FLOWS TRADE LIBERALIZATION TRADE MODEL TRADE MORE TRADE POLICY TRADE RELATIONSHIP TRADE STRUCTURE TRADE THEORIES TRADE VALUES TRADE VOLUME TRADING VOLUMES TRANSPARENCY UNDERESTIMATES VALUE OF EXPORTS WORLD DEVELOPMENT INDICATORS WORLD ECONOMY WORLD TRADE WORLD TRADE ORGANIZATION WTO Amurgo-Pacheco, Alberto Pierola, Martha Denisse Patterns of Export Diversification in Developing Countries : Intensive and Extensive Margins
relation	Policy Research Working Paper; No. 4473
description	This paper uses highly disaggregated trade data to investigate geographic and product diversification patterns across a group of developing nations for the period from 1990 to 2005. The econometric investigation shows that the gravity equation fits the observed differences in diversification across nations. The analysis shows that exports at the intensive margin account for the most important share of overall trade growth. At the extensive margin, geographic diversification is more important than product diversification, especially for developing countries. Taking part in free trade agreements, thereby reducing trade costs, and trading with countries in the North are also found to have positive impacts on export diversification for developing countries.
format	Publications & Research :: Policy Research Working Paper
author	Amurgo-Pacheco, Alberto Pierola, Martha Denisse
author_facet	Amurgo-Pacheco, Alberto Pierola, Martha Denisse
author_sort	Amurgo-Pacheco, Alberto
title	Patterns of Export Diversification in Developing Countries : Intensive and Extensive Margins
title_short	Patterns of Export Diversification in Developing Countries : Intensive and Extensive Margins
title_full	Patterns of Export Diversification in Developing Countries : Intensive and Extensive Margins
title_fullStr	Patterns of Export Diversification in Developing Countries : Intensive and Extensive Margins
title_full_unstemmed	Patterns of Export Diversification in Developing Countries : Intensive and Extensive Margins
title_sort	patterns of export diversification in developing countries : intensive and extensive margins
publisher	World Bank, Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/2008/01/8930219/patterns-export-diversification-developing-countries-intensive-extensive-margins http://hdl.handle.net/10986/6447
_version_	1764400134598164480

Patterns of Export Diversification in Developing Countries : Intensive and Extensive Margins

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