Export Diversification And Growth In Emerging Economies
This paper develops and tests a model of growth in that emphasizes the introduction of new export as the main source of growth in countries that are far within the world technological frontier and that depend for growth on adapting existing products to their economic environment. It seeks to capture the stylized facts behind growth in countries as different as Korea, Taiwan, Mauritius, Finland, China, and Chile, all of which have depended on export diversification for their growth. Thus the widening of comparative advantage is seen as the main force behind economic growth. The hypothesis of export diversification is tested with an empirical growth model. Controlling for other variables that affect growth, export diversification, alone and interacted with per capital export volume growth, is found to be highly significant in explaining per capita GDP growth over the 1980-2003 period.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Ricardo Hausmann & Dani Rodrik, 2002.
"Economic Development as Self-Discovery,"
NBER Working Papers
8952, National Bureau of Economic Research, Inc.
- Hausmann, Ricardo & Rodrik, Dani, 2002. "Economic Development as Self-Discovery," Working Paper Series rwp02-023, Harvard University, John F. Kennedy School of Government.
- Hausmann, Ricardo & Rodrik, Dani, 2002. "Economic Development as Self Discovery," CEPR Discussion Papers 3356, C.E.P.R. Discussion Papers.
- Wacziarg, Romain & Imbs, Jean, 2000.
"Stages of Diversification,"
1653, Stanford University, Graduate School of Business.
- Manuel Agosin & Claudio Bravo-Ortega, 2009.
"The Emergence of New Successful Export Activities in Latin America: The Case of Chile,"
Research Department Publications
3265, Inter-American Development Bank, Research Department.
- Claudio Bravo-Ortega & Manuel Agosin Trumper, 2007. "The Emergence Of New Successful Export Activities In Latin America: The Case Of Chile," Working Papers wp236, University of Chile, Department of Economics.
When requesting a correction, please mention this item's handle: RePEc:udc:wpaper:wp233. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Rafael Carranza)
If references are entirely missing, you can add them using this form.