There has been renewed emphasis in the recent trade policy debate on the potential positive impact of diversification of the product composition on export expansion. However, the standard trade theory predicts that export success depends on pursuing comparative advantages rather than...

This study explores the contribution of the deepening of existing products (intensive margin), the emergence of new products (extensive margin), and the demise of existing products (failure margin) to the export expansion of developing Asian countries in 1990-2017. Using data based on the...