This paper examines empirically whether Aid for Trade (AfT) programmes and Foreign Direct Investment (FDI) inflows affect export upgrading and, if so, whether their effects are complementary or substitutable. Export upgrading entails export diversification (including overall export...

Purpose - The international trade literature has established that export product diversification lowers export product revenue instability. The current analysis investigates whether this finding carries over services exports. Design/methodology/approach - The empirical analysis covers a sample...