Watching More Than the Discovery Channel to Diversify Exports

Brenton, Paul; Newfarmer, Richard

doi:10.1142/9789814603386_0015

Cited by 11 publications

(21 citation statements)

References 4 publications

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“…One of our most interesting findings is that RCA in a sector may actually hinder the discovery of new products (due to an already crowded product space), although the variable appears to be positively related to other more comprehensive measures of diversification. This result – that export diversification is driven by greater export intensity at the sectoral level, but involving existing products going to new markets – is consistent with the broader cross‐country literature studying patterns of export diversification (Amurgo‐Pacheco and Denisse Pierola, 2008; Brenton and Newfarmer, 2009)…”

Section: Discussionsupporting

confidence: 85%

“…Thus, as a country's relative specialization in a sector rises, diversification in that sector will occur more through exporting existing products to new markets. The finding by others (Amurgo‐Pacheco and Pierola, 2008; Brenton and Newfarmer, 2009) that export growth along the extensive margin is weighted toward the geographic, rather than discovery, channel is thus consistent with the results presented here.…”

Section: Potential Determinants Of Sectoral Export Diversificationsupporting

confidence: 92%

“…This can be done by calculating the Herfindahl–Hirschman index of geographic diversification by simply computing shares of destination markets (rather than products) in total exports, where export shares are now calculated for each country l ∈ L . Another interesting measure is the index of export market penetration introduced by Brenton and Newfarmer (2009): where y and z are indicator variables defined by where x k , j are exports of a product k to importer j and m j are imports by importer j . Equation (4) essentially captures the aggregate market penetration of exports, where markets are defined as all countries that import a given product.…”

Section: Trade Liberalization and Patterns Of Syrian Exports And Dmentioning

confidence: 99%

“…, 2007). Exporting of existing products into new markets also accounts for a greater share of export growth than that of new products alone (Brenton and Newfarmer, 2009).…”

mentioning

confidence: 99%

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Export diversification in a transitioning economy

Lim¹,

Saborowski²

2012

Economics of Transition

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How does the process of export diversification take place in an economy in transition, especially in light of government policy aimed at trade liberalization? This article examines this question by considering a directed policy effort by Syria – an economy in transition from both economic centralization and resource dependence – to liberalize its trade between 2001 and 2008. In addition to documenting the patterns of diversification at the aggregate level since the implementation of the policy, we also examine factors that are related to diversification at the sectoral level. Our findings suggest that, while Syria has achieved reasonably rapid export diversification, this may to a large extent be the result of structural transformations in the economy, and that further diversification may require continued policy reform designed to strengthen Syria's weak institutional and business environment.

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Section: Discussionsupporting

confidence: 85%

Section: Potential Determinants Of Sectoral Export Diversificationsupporting

confidence: 92%

Section: Trade Liberalization and Patterns Of Syrian Exports And Dmentioning

confidence: 99%

“…, 2007). Exporting of existing products into new markets also accounts for a greater share of export growth than that of new products alone (Brenton and Newfarmer, 2009).…”

mentioning

confidence: 99%

See 2 more Smart Citations

Export diversification in a transitioning economy

Lim¹,

Saborowski²

2012

Economics of Transition

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show abstract

“…Decomposing export relationships in the intensive margin reveals whether the relationship has increased, intensified or deepened (according to Besedes & Prusa, 2011); decreased or weakened; or become extinct. The extensive margin involves the formation of new export relationships (export discoveries) (Brenton & Newfarmer, 2009).…”

Section: Intensive Margin Calculationmentioning

confidence: 99%

Can South Africa sustain and diversify its exports?

Matthee

Idsardi

Krugell

2016

S. Afr. j. econ. manag. sci.

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The aim of this paper is to examine the diversification of South Africa's exports over the period 1994 to 2012. A decomposition of export growth shows that exports of non-fuel primary commodities as well as medium-skill and technology-intensive manufactured products increased. The largest decrease was in the export of resource-intensive manufactures. These changes reflect South Africa's endowment of relatively low levels of physical and human capital. The analysis shows that export products that are further from the country's comparative advantage, make smaller contributions to growth in the intensive margin. It clearly shows the challenge of sustainably diversifying the export basket.

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Rules of origin and exporters' value-added

Kniahin,

Olarreaga

2023

Heliyon

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Watching More Than the Discovery Channel to Diversify Exports

Cited by 11 publications

References 4 publications

Export diversification in a transitioning economy

Export diversification in a transitioning economy

Can South Africa sustain and diversify its exports?

Rules of origin and exporters' value-added

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