Does Export Diversification Lead To Income Convergence? Evidence From Cross-Country Analysis
Rath, Badri Narayan and Akram, Vaseem (2020) Does Export Diversification Lead To Income Convergence? Evidence From Cross-Country Analysis. Buletin Ekonomi Moneter dan Perbankan, 23 (3). pp. 319-346. ISSN 1410-8046
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Abstract
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. © 2020 Commentarii Mathematici Helvetici.
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| Item Type: | Article | ||||
| Uncontrolled Keywords: | Conditional convergence,Economic growth,Export diversification | ||||
| Subjects: | Social sciences > Political Science & Economics Social sciences > Social Services Arts > Liberal arts |
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| Divisions: | Department of Liberal Arts | ||||
| Depositing User: | . LibTrainee 2021 | ||||
| Date Deposited: | 28 Mar 2021 07:54 | ||||
| Last Modified: | 30 Mar 2021 04:11 | ||||
| URI: | http://raiithold.iith.ac.in/id/eprint/7737 | ||||
| Publisher URL: | http://doi.org/10.21098/BEMP.V23I3.1251 | ||||
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