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Export Product Range and Economic Performance – An Emphasis on Small Advanced EU Countries

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  • Kaitila, Ville

Abstract

We analyse the number of different HS8 products in the EU countries’ ex-ports in 1995–2015. We review what share, or coverage, of the total possible number of these products the countries exported each year. We analyse whether the development in this coverage rate as opposed to concentration of exports as measured by the Herfindahl–Hirschman index is associated with GDP per capita growth. We find that changes in the coverage rate relate positively, but that the development of the HH index has no statistically significant relation to economic growth.

Suggested Citation

  • Kaitila, Ville, 2017. "Export Product Range and Economic Performance – An Emphasis on Small Advanced EU Countries," ETLA Working Papers 50, The Research Institute of the Finnish Economy.
    • Handle: RePEc:rif:wpaper:50
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    More about this item

    Keywords

    Exports; Export products; GDP growth; EU;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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