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Why is GDP so much more volatile in poor countries than in rich ones? To answer this question, we propose a theory of … technological diversification. Production makes use of different input varieties, which are subject to imperfectly correlated shocks …. In our model, the expansion in the number of varieties provides diversification benefits against variety-specific shocks …
Persistent link: https://www.econbiz.de/10013318779
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This paper contributes to trade diversification literature by comparing changes in relative (i.e. assessed in … particular, by focusing on the diversification of imports, we add a missing piece to already analysed export trends. We use …), they follow a similar path of evolution in the development process. Progressing relative diversification (despecialisation …
Persistent link: https://www.econbiz.de/10011802068
naira in the first quarter of 2016. In view of this, this paper looks at the myriads of diversification options open to …
Persistent link: https://www.econbiz.de/10012901482
, such as lower educational enrollment rates for girls than for boys, harm diversification by constraining the potential pool …
Persistent link: https://www.econbiz.de/10012977824
A country's productive structure determines its future path of economic diversification, economic growth, and income … inequality. In this article, we identify Paraguay's structural constraints and opportunities for economic diversification and … how feasible and desirable are different types of new products and economic diversification strategies for Paraguay. To …
Persistent link: https://www.econbiz.de/10011991728
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