Growth in service exports has improved countries' per capita incomes, reduced over-reliance on goods exports, and promoted economic diversification. However, the growth has not been uniform across regions and countries. Africa lags behind in service exports. This paper examines the...

Using a dynamic panel model and data on 107 countries, this paper investigates the role of institutions in the FDI-export diversification relationship. The results indicate that the effect of FDI on export diversification depends on the quality of institutions. On one hand, for OECD countries...