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Does Export Diversification Lead to Income Convergence? Evidence from Cross-Country Analysis

Rath, Badri Narayan - ; Akram, Vaseem - ;

In this study, we examine the role of export diversification in the convergence of per capita income (output). By applying the dynamic system Generalized Method of Moments (GMM) estimator to a panel dataset consisting of 95 countries, we find evidence of both absolute and conditional divergence for the full sample and the subsamples based on income and regions. Thus, our findings suggest that, although high export diversification boosts the per capita income (output), it does not significantly reduce per capita income (output) gap between rich and poor countries.


Ketersediaan

Call NumberLocationAvailable
PSB lt.2 - Karya Akhir (Majalah)1
PenerbitJakarta: Bank Indonesia 2020
EdisiVolume 23, number 3, 2020
SubjekIncome Convergence
Export Diversification
Cross-country analysis
ISBN/ISSN2460-9196
KlasifikasiNONE
Deskripsi Fisik462 p.
Info Detail SpesifikBulletin of Monetary Economics and Banking
Other Version/RelatedTidak tersedia versi lain
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  • Does Export Diversification Lead to Income Convergence? Evidence from Cross-Country Analysis

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