-diversified export products. In terms of geographical diversification, Poland exploits approximately one-fifth of its theoretical overall …This paper presents empirical evidence on the diversification process concerning Polish exports (1994-2010), compared … geographical diversification of Poland's trading partners. The analysis draws on highly disaggregated data on exports (HS 6digit …

growth shocks into its components, to estimate the share of export volatility originating from sector volatility, country … had little effect on aggregate export volatility, as it helped to diversify export destinations for many African economies … Africa's exports help or hurt economic stability on the continent? To address the question, this paper decomposes export …

-run demand shocks. In this setup, the volatility of a firm’s exports depends not only on the diversification of its destination … destinations makes the firm more likely to export occasionally to some markets, thereby raising volatility. These results cast … doubt on the commonly held belief that diversification must decrease volatility. …

Traditional measures of trade diversification only take into account contemporaneous export baskets. These measures … diversification are sizeable; countries hold latent export baskets that are, on average, three times as large as their average … contemporaneous export basket, and these gaps are largest for poor and small countries. Moreover, latent diversification is an …

volatility, even after controlling for the degree of contemporaneous export diversification and other country characteristics … diversified latent export baskets are associated with lower terms-of-trade volatility and, in turn, lower GDP per capita …This paper examines the economic implications of a novel concept of trade diversification-latent diversification. In …