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that changes in various extensive margins (new markets, new goods) account for over 30 percent of export growth over this …-level characteristics interacting with destination-specific characteristics. We confirm that export growth for “new” products was stronger … evidence that Japan exported low quality manufactured goods to new, low-income destinations. Instead, reductions in trade costs …
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of the product composition on export expansion. However, the standard trade theory predicts that export success depends … on pursuing comparative advantages rather than policy-induced export diversification. This paper studies the relationship … between product diversification and export performance of developing Asian economies using panel data from 1976 to 2017. The …
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