IDEAS home Printed from https://ideas.repec.org/p/unc/wpaper/6.html

Economic diversification: Its relationship with inequality and ensuing policy options

Author

Listed:
  • Sofia Dominguez
  • Janvier D. Nkurunziza

Abstract

This paper empirically explores the relationship between export diversification and income inequality. Using a sample of 182 countries from 1998 to 2018, the study employs a fixed effects model to examine the interaction between diversification and inequality. The results show a statistically significant linear positive association between export diversification and income inequality, with heterogeneity across income and commodity-dependence groups. The paper emphasizes the importance of inclusive policies to ensure that the benefits of diversification extend to vulnerable groups from an early stage, and proposes recommendations for governments to promote inclusive diversification efforts.

Suggested Citation

  • Sofia Dominguez & Janvier D. Nkurunziza, 2024. "Economic diversification: Its relationship with inequality and ensuing policy options," UNCTAD Working Papers #6, United Nations Conference on Trade and Development.
    • Handle: RePEc:unc:wpaper:6
    as

    Download full text from publisher

    File URL: https://unctad.org/system/files/official-document/wp-2024d1-no6_en.pdf?repec
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:unc:wpaper:6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: UNCTAD Web Unit (email available below). General contact details of provider: https://unctad.org/publications-search?f%5b0%5d=product%3A389 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.