Export Diversification and Sources of Growth in Emerging Market Economies

Akram, V and Rath, Badri Narayan (2017) Export Diversification and Sources of Growth in Emerging Market Economies. Global Economy Journal, 17 (3). p. 20170018. ISSN 1553-5304 (In Press)

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Abstract

We examine the impact of export diversification on total factor productivity (TFP) growth in case of 28 emerging market economies (EMEs) using annual data from 1995 to 2014. The results indicate that export diversification has significant positive impact on TFP growth. Further the results show that the TFP growth contributes more towards output growth as compared to factor accumulation in case of highly export diversified countries. The policy suggests that the emerging countries should focus more on export diversification-led-growth via productivity channel.

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IITH Creators:	IITH Creators ORCiD Rath, Badri Narayan http://orcid.org/0000-0001-7211-0952
Item Type:	Article
Uncontrolled Keywords:	export diversification; total factor productivity; financial development; human capital; panel unit root; dynamic panel data model; EMEs
Subjects:	Social sciences > Political Science & Economics
Divisions:	Department of Liberal Arts
Depositing User:	Team Library
Date Deposited:	06 Jun 2017 04:26
Last Modified:	19 Sep 2017 06:42
URI:	http://raiithold.iith.ac.in/id/eprint/3187
Publisher URL:	https://doi.org/10.1515/gej-2017-0018
OA policy:	http://www.sherpa.ac.uk/romeo/issn/1553-5304/
Related URLs:	Google Scholar

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