Determinants of Export Diversification in Developing Countries

ABSTRACT The choice of exchange rate regime is the most relevant decision in the economic world that has to be faced by the economic authority until now. Exchange rate regime that is applied by one country become a controversial debate after the Asia’s crisis in the year 1997-1998, especially for developing countries and emerging economies in Asia. The purpose of this research is to see the impact of export diversification, intensive margin and extensive margin to the choice of the exchange rate regime in nine emerging and developing countries in Asia 1991-2014.This research uses the panel logistic regression model to analyze the two model that are used in the research; they are: model 1 (the impact of export diversification to the exchange rate regime),and model 2 (the impact of extensive margin and intensive margin to the exchange rate regime. To avoid and to lessen the chances of endogeneity problem therefore, all of the independent variables and the control variable must be lagged in one period.The results of the regression shows that export diversification have a significant positive impact on the exchange rate regime. When export diversification is decomposed into intensive margin and extensive margins, the result shows that the extensive margins also have a significant positive impact towards the exchange rate regime, while the intensive margin does not show any significant impact towards the exchange rate regime choice. Keywords: exchange rate regime, export diversification, intensive margin, extensive margin, emerging and developing countries in Asia.

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Export Upgrading and the Extent of Structural Change in Tax Revenue in Developing Countries

South Asian Journal of Macroeconomics and Public Finance ◽

10.1177/2277978717695152 ◽

2017 ◽

Vol 6 (1) ◽

pp. 27-58 ◽

Cited By ~ 5

Author(s):

Sèna Kimm Gnangnon

Keyword(s):

Developing Countries ◽

International Trade ◽

Quality Improvement ◽

Structural Change ◽

Empirical Analysis ◽

Jel Classification ◽

Tax Revenue ◽

Export Diversification ◽

The Empirical Analysis

This article examines the relevance of export-upgrading strategy (export quality improvement and export diversification) in developing countries for the structural change in tax revenue (trade tax revenue versus domestic tax revenue). The empirical analysis suggests that the lower the degree of export upgrading (higher export concentration or low quality of export products) the higher the extent of structural change in tax revenue, that is, a tax transition reform. In the meantime, the effect of export upgrading on the extent of structural change in tax revenue appears to be conditioned on the degree of countries’ openness to international trade. JEL Classification: H1, F14, O1

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Evaluation of export diversification on sustainable growth in Kazakhstan

RIVISTA DI STUDI SULLA SOSTENIBILITA ◽

10.3280/riss2020-002004 ◽

2021 ◽

pp. 49-63

Author(s):

Olzhas Shaizandaevich Adilkhanov ◽

Orazaly Sabden

Keyword(s):

Economic Growth ◽

Developing Countries ◽

International Organizations ◽

State Level ◽

Developed Countries ◽

Sustainable Growth ◽

Export Diversification ◽

The Past ◽

Export Policies ◽

Sustainable Economic Growth

Over the last ten years developing countries have achieved very fast economic growth comparing to the former developed countries and gained the opportunity to vastly widen their export basket. Kazakhstan over the past years is trying to diversify its export as well by becoming a member of international organizations and supporting its exporters by implementing different programs on a state level. Thus, the need for the deep research of Kazakhstan's export opportunity has appeared. The main purpose of the article is to determine the effect of export's diversification on sustainable economic growth and evaluate the potential of the processing field on the example of regions of Kazakhstan. The research has given important results, that is, in 4 regions of Kazakhstan are great opportunities to increase the export of metallurgy, engineering and chemical industry. The results of the study will be useful tool in applying export policies of the regions.

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A Prima Facie Evidence on the Impact of Export Diversification on Relative Trade Preferential Margin

Global Economy Journal ◽

10.1515/gej-2016-0015 ◽

2017 ◽

Vol 18 (2) ◽

pp. 20160015

Author(s):

Sena Kimm Gnangnon

Keyword(s):

Developing Countries ◽

Developed Countries ◽

Prima Facie ◽

Type Model ◽

Export Diversification ◽

Least Developed Countries ◽

Trade Preference ◽

Trade Preferences ◽

The Impact ◽

The Empirical Analysis

This paper assesses the impact of export diversification in developing countries and particularly Least developed countries (LDCs) on the relative preferential margin that they enjoy in accessing preference-granters’ market. The analysis is carried out in a gravity-type model comprising 19 developed countries and 54 beneficiaries of non-reciprocal trade preferences from these developed countries, over the period 2002–2007. The empirical analysis suggests a non-linear relationship between the degree of export diversification in developing countries and the relative preferential margin that they benefit from developed preference-granting countries. However, it appears that the latter encourage LDCs to diversify their export products by providing them with higher trade preference advantages compared to their competitors in their markets.

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The Origins and Dynamics of Export Superstars

The World Bank Economic Review ◽

10.1093/wber/lhy011 ◽

2018 ◽

Vol 34 (1) ◽

pp. 28-47

Author(s):

Caroline Freund ◽

Martha Denisse Pierola

Keyword(s):

Developing Countries ◽

Large Firm ◽

Export Growth ◽

Export Diversification ◽

Detailed Data ◽

New Firms ◽

Firm Level ◽

Level Data ◽

Firm Level Data ◽

Manufacturing Trade

Abstract Export superstars are important for export growth and diversification and are typically born large. Firm-level data on manufacturing trade from 32 developing countries show that the top five exporters account for on average nearly one-third of exports, 47 percent of export growth, and a third of the growth due to export diversification over a five-year period. Within countries and industries, export growth is positively correlated with the share of exports in the top five firms. Most of the top five exporters were already large five (or eight) years ago or are new firms; it is rare for these export superstars to emerge from the bottom half of the distribution of firm sizes. For countries where detailed data exist, superstars are producers, not traders, and are primarily foreign owned.

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