TY  - BOOK
AU  - Giri,Rahul
AU  - Quayyum,Saad
AU  - Yin,Rujun
ED  - International Monetary Fund,
TI  - Understanding export diversification: key drivers and policy implications
T2  - IMF Working Paper
SN  - 1498313086
AV  - HF1414.4 .G57 2019
U1  - 658.84 23
PY  - 2019///]
CY  - [Washington, D.C.]
PB  - International Monetary Fund
KW  - Africa
KW  - imf
KW  - Diversification in industry
KW  - Exports
KW  - fast
KW  - Globalization: Economic Development
KW  - International Linkages to Development
KW  - Models with Panel Data
KW  - Role of International Organizations
KW  - EBSCO  eBooks
KW  - Electronic books
N1  - Cover; contents; i. Introduction; ii. Related literature; iii. Methodology and data; iv. Stylized facts; v.drivers of export diversification: all countries and emdes; vi. Divers of export diversification: emde commodity exporters versus diversified exporters; vii. Doing business indicators and diversification; viii. Policy implications; ix. Conclusion; references; figures; 1. Diversification and development; 2. Diversification and potential determinants; 3. Diversification and potential determinants; tables; 1. Distribution statistics of diversification index; 2. Baseline specification, all countries and EMDEs; 3. baseline specification, EMDEs -- Commodity and diversified exporters; 4. Baseline specification with doing business indicator
N2  - We identify key factors, from large set of potential determinants, that explain the variation in export diversification across countries and over time using Bayesian Model Averaging (BMA), which addresses model uncertainty and ranks factors in order of importance vis-a-vis their explanatory power. Our analysis suggests, in order to diversify, policy makers should prioritize human capital accumulation and reduce barriers to trade. Other policy areas include improving quality of institutions and developing the financial sector. For commodity exporters reducing barriers to trade is the most important driver of diversification, followed by improving education outcomes at the secondary level and financial sector development
UR  - https://www.lib.tsu.ru/limit/2023/EBSCO/2149509.pdf
ER  -