and consumer purchasing power decreases. The model is applied to and calibrated for Indonesia. The simulated results …

determinants that explain the variation in export diversification and complexity across 189 countries from 1962 to 2018. Our …

question by proposing a new cross-country tax revenue diversification index (RDI). The RDI builds on the Theil index, and … unlike the few existing tax diversification indices, which are constructed only at the state level for the US, is computed at … revenue diversification reduces tax revenue volatility, thus bringing to the data long-held views about the prominence of tax …

We identify key factors, from large set of potential determinants, that explain the variation in export diversification … diversification, followed by improving education outcomes at the secondary level and financial sector development …

, such as lower educational enrollment rates for girls than for boys, harm diversification by constraining the potential pool …

, diversification can reduce the economic impact of shocks. Therefore, despite the well-known efficiency benefits from specialization …, the risks of too little diversification have long been acknowledged. But how big are the benefits of diversification? This …