Export Diversification in Low-Income Countries and Small States : Do Country Size and Income Level Matter? /

Export structure is less diversified in low-income countries (LICs) and especially small states that face resource constraints and small economic size. This paper explores the potential linkages between export structure and economic growth and its volatility in LICs and small states, using a range o...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Lee, Dongyeol
مؤلفون آخرون: Zhang, Huan
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2019.
سلاسل:IMF Working Papers; Working Paper ; No. 2019/118
الوصول للمادة أونلاين:Full text available on IMF
الوصف
الملخص:Export structure is less diversified in low-income countries (LICs) and especially small states that face resource constraints and small economic size. This paper explores the potential linkages between export structure and economic growth and its volatility in LICs and small states, using a range of indices of export concentration differing in the coverage of industries. The empirical analysis finds that export diversification may promote economic growth and reduce economic volatility in these countries. Furthermore, the analysis demonstrates that the economic benefits of export diversification differ by country size and income level-there are bigger benefits for relatively larger and poorer countries within the group of LICs and small states.
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وصف مادي:1 online resource (24 pages)
التنسيق:Mode of access: Internet
تدمد:1018-5941
وصول:Electronic access restricted to authorized BRAC University faculty, staff and students