Hidden Bibliographic Details
| Other authors / contributors: | Quayyum, Saad, author.
Yin, Rujun, author.
International Monetary Fund, issuing body.
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| ISBN: | 1498313086
1498315496
9781498313087
9781498315494
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| Notes: | Online resource; title from PDF title page (IMF, viewed Aug 28, 2020).
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| Summary: | 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.
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| Other form: | Print version: Giri, Rahul. Understanding Export Diversification: Key Drivers and Policy Implications. Washington, D.C. : International Monetary Fund, ©2019 9781498313087
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| Standard no.: | 10.5089/9781498313087.001
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