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Export Diversification and Sources of Growth in Emerging Market Economies
Published in Walter de Gruyter GmbH
2017
Volume: 17
   
Issue: 3
Abstract
We examine the impact of export diversification on total factor productivity (TFP) growth in case of 28 emerging market economies (EMEs) using annual data from 1995 to 2014. The results indicate that export diversification has significant positive impact on TFP growth. Further the results show that the TFP growth contributes more towards output growth as compared to factor accumulation in case of highly export diversified countries. The policy suggests that the emerging countries should focus more on export diversification-led-growth via productivity channel. © 2017 Walter de Gruyter GmbH, Berlin/Boston.
About the journal
JournalData powered by TypesetGlobal Economy Journal
PublisherData powered by TypesetWalter de Gruyter GmbH
ISSN15245861