Understanding Export Diversification : Key Drivers and Policy Implications /

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. O...

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Podrobná bibliografie
Hlavní autor: Giri, Rahul
Další autoři: Quayyum, Saad, Yin, Rujun
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2019.
Edice:IMF Working Papers; Working Paper ; No. 2019/105
On-line přístup:Full text available on IMF
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100 1 |a Giri, Rahul. 
245 1 0 |a Understanding Export Diversification :   |b Key Drivers and Policy Implications /  |c Rahul Giri, Saad Quayyum, Rujun Yin. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2019. 
300 |a 1 online resource (29 pages) 
490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a 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. 
538 |a Mode of access: Internet 
700 1 |a Quayyum, Saad. 
700 1 |a Yin, Rujun. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2019/105 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2019/105/001.2019.issue-105-en.xml  |z IMF e-Library