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 …

This paper examines several dimensions of the relationship between diversification and performance. Specifically, we … investigate the link between related and unrelated diversification and performance. We also study the effect of the potential … redeployment of ‘plastic' assets on unrelated diversification. To investigate this, we estimated a dynamic panel on a data set of 2 …

This paper highlights the interactions of sales growth with diversification strategies and their joint effects on firm … growth and/or slow growth in their core industries. Consistent with evidence in the literature, we confirm a diversification … discount on average for our sample firms. After considering joint changes in sales growth and diversification, however, we …

covariances). We then use this framework to run counterfactuals changing the degree of destination market diversification …, we find that the effect of increased destination market diversification is quantitatively important in reducing aggregate …