Export Discoveries, Diversification and Barriers to Entry

The literature on the relationship between economic diversification and development has grown rapidly in recent years, partly due to the surprising finding that diversification rises with gross domestic product per capita up to a certain point. Exp...

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Main Authors:	Klinger, Bailey, Lederman, Daniel
Format:	Policy Research Working Paper
Language:	English
Published:	2012
Subjects:	AGRICULTURE BARRIER BARRIERS TO ENTRY BUSINESS ECONOMICS CHANNEL COMMERCIAL POLICY COMMODITIES COMMODITY COMMODITY EXPORT COMPARATIVE ADVANTAGE COUNTRY FIXED EFFECT COUNTRY FIXED EFFECTS DEBT DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DOMESTIC MARKETS ECONOMETRICS ECONOMIC DEVELOPMENT EXCHANGE RATES EXPORT GROWTH EXPORT SECTORS EXPORTS FINANCIAL SYSTEM FUTURE RESEARCH GDP GDP PER CAPITA GLOBAL MARKETS GROSS DOMESTIC PRODUCT GROSS DOMESTIC PRODUCT PER CAPITA GROWTH POLICY GROWTH RATE GROWTH RATES INCOME INCOME LEVELS INDUSTRIAL ECONOMICS INDUSTRIALIZATION INTERNATIONAL TRADE INVESTMENT CLIMATE LABOR MARKET MARKET FAILURE MARKET FAILURES MERCHANDISE MERCHANDISE EXPORTS MERCHANDISE TRADE MIDDLE-INCOME COUNTRIES NET EXPORTS NEW PRODUCT NEW PRODUCTS PARTICULAR COUNTRY PATENTS PRIVATE INVESTMENTS PRIVATE SECTOR DEVELOPMENT PRODUCTION COSTS PROFITABILITY PROGRAMS RANGE REAL GDP REGRESSION ANALYSIS REGULATORY REGIME SAFETY SAFETY STANDARDS SHAREHOLDERS SMALL BUSINESS SOCIAL VALUE STRUCTURAL CHANGE UPPER
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100720145329 http://hdl.handle.net/10986/3850

id	okr-10986-3850
recordtype	oai_dc
spelling	okr-10986-38502021-04-23T14:02:13Z Export Discoveries, Diversification and Barriers to Entry Klinger, Bailey Lederman, Daniel AGRICULTURE BARRIER BARRIERS TO ENTRY BUSINESS ECONOMICS CHANNEL COMMERCIAL POLICY COMMODITIES COMMODITY COMMODITY EXPORT COMPARATIVE ADVANTAGE COUNTRY FIXED EFFECT COUNTRY FIXED EFFECTS DEBT DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DOMESTIC MARKETS ECONOMETRICS ECONOMIC DEVELOPMENT EXCHANGE RATES EXPORT GROWTH EXPORT SECTORS EXPORTS FINANCIAL SYSTEM FUTURE RESEARCH GDP GDP PER CAPITA GLOBAL MARKETS GROSS DOMESTIC PRODUCT GROSS DOMESTIC PRODUCT PER CAPITA GROWTH POLICY GROWTH RATE GROWTH RATES INCOME INCOME LEVELS INDUSTRIAL ECONOMICS INDUSTRIALIZATION INTERNATIONAL TRADE INVESTMENT CLIMATE LABOR MARKET MARKET FAILURE MARKET FAILURES MERCHANDISE MERCHANDISE EXPORTS MERCHANDISE TRADE MIDDLE-INCOME COUNTRIES NET EXPORTS NEW PRODUCT NEW PRODUCTS PARTICULAR COUNTRY PATENTS PRIVATE INVESTMENTS PRIVATE SECTOR DEVELOPMENT PRODUCTION COSTS PROFITABILITY PROGRAMS RANGE REAL GDP REGRESSION ANALYSIS REGULATORY REGIME SAFETY SAFETY STANDARDS SHAREHOLDERS SMALL BUSINESS SOCIAL VALUE STRUCTURAL CHANGE UPPER The literature on the relationship between economic diversification and development has grown rapidly in recent years, partly due to the surprising finding that diversification rises with gross domestic product per capita up to a certain point. Export diversification along the extensive margin is inextricable from the introduction of new export products. The authors test the hypothesis that the threat of imitation inhibits the introduction of new exports -- export discoveries -- under the assumption that the intensive and extensive margins of exports are correlated within broad country-industry groups. Econometric evidence from panel-data techniques that are appropriate for count data (the number of discoveries) suggests that discoveries within countries and industries rise with the growth of exports along the intensive margin (relative to the growth of non-export gross domestic product) but the magnitude of this partial correlation increases with domestic barriers to entry and with customs delays in exporting. However, the magnification effect of barriers to entry appears to be less significant as a determinant of total within-country export discoveries. This is consistent with inter-industry and within-country spillovers related to export discoveries, implying that barriers to entry enhance the effect of export growth on discoveries within country-industries but total discoveries might be unaffected by barriers to entry. 2012-03-19T18:40:56Z 2012-03-19T18:40:56Z 2010-07-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100720145329 http://hdl.handle.net/10986/3850 English Policy Research working paper ; no. WPS 5366 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper The World Region The World Region
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	AGRICULTURE BARRIER BARRIERS TO ENTRY BUSINESS ECONOMICS CHANNEL COMMERCIAL POLICY COMMODITIES COMMODITY COMMODITY EXPORT COMPARATIVE ADVANTAGE COUNTRY FIXED EFFECT COUNTRY FIXED EFFECTS DEBT DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DOMESTIC MARKETS ECONOMETRICS ECONOMIC DEVELOPMENT EXCHANGE RATES EXPORT GROWTH EXPORT SECTORS EXPORTS FINANCIAL SYSTEM FUTURE RESEARCH GDP GDP PER CAPITA GLOBAL MARKETS GROSS DOMESTIC PRODUCT GROSS DOMESTIC PRODUCT PER CAPITA GROWTH POLICY GROWTH RATE GROWTH RATES INCOME INCOME LEVELS INDUSTRIAL ECONOMICS INDUSTRIALIZATION INTERNATIONAL TRADE INVESTMENT CLIMATE LABOR MARKET MARKET FAILURE MARKET FAILURES MERCHANDISE MERCHANDISE EXPORTS MERCHANDISE TRADE MIDDLE-INCOME COUNTRIES NET EXPORTS NEW PRODUCT NEW PRODUCTS PARTICULAR COUNTRY PATENTS PRIVATE INVESTMENTS PRIVATE SECTOR DEVELOPMENT PRODUCTION COSTS PROFITABILITY PROGRAMS RANGE REAL GDP REGRESSION ANALYSIS REGULATORY REGIME SAFETY SAFETY STANDARDS SHAREHOLDERS SMALL BUSINESS SOCIAL VALUE STRUCTURAL CHANGE UPPER
spellingShingle	AGRICULTURE BARRIER BARRIERS TO ENTRY BUSINESS ECONOMICS CHANNEL COMMERCIAL POLICY COMMODITIES COMMODITY COMMODITY EXPORT COMPARATIVE ADVANTAGE COUNTRY FIXED EFFECT COUNTRY FIXED EFFECTS DEBT DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DOMESTIC MARKETS ECONOMETRICS ECONOMIC DEVELOPMENT EXCHANGE RATES EXPORT GROWTH EXPORT SECTORS EXPORTS FINANCIAL SYSTEM FUTURE RESEARCH GDP GDP PER CAPITA GLOBAL MARKETS GROSS DOMESTIC PRODUCT GROSS DOMESTIC PRODUCT PER CAPITA GROWTH POLICY GROWTH RATE GROWTH RATES INCOME INCOME LEVELS INDUSTRIAL ECONOMICS INDUSTRIALIZATION INTERNATIONAL TRADE INVESTMENT CLIMATE LABOR MARKET MARKET FAILURE MARKET FAILURES MERCHANDISE MERCHANDISE EXPORTS MERCHANDISE TRADE MIDDLE-INCOME COUNTRIES NET EXPORTS NEW PRODUCT NEW PRODUCTS PARTICULAR COUNTRY PATENTS PRIVATE INVESTMENTS PRIVATE SECTOR DEVELOPMENT PRODUCTION COSTS PROFITABILITY PROGRAMS RANGE REAL GDP REGRESSION ANALYSIS REGULATORY REGIME SAFETY SAFETY STANDARDS SHAREHOLDERS SMALL BUSINESS SOCIAL VALUE STRUCTURAL CHANGE UPPER Klinger, Bailey Lederman, Daniel Export Discoveries, Diversification and Barriers to Entry
geographic_facet	The World Region The World Region
relation	Policy Research working paper ; no. WPS 5366
description	The literature on the relationship between economic diversification and development has grown rapidly in recent years, partly due to the surprising finding that diversification rises with gross domestic product per capita up to a certain point. Export diversification along the extensive margin is inextricable from the introduction of new export products. The authors test the hypothesis that the threat of imitation inhibits the introduction of new exports -- export discoveries -- under the assumption that the intensive and extensive margins of exports are correlated within broad country-industry groups. Econometric evidence from panel-data techniques that are appropriate for count data (the number of discoveries) suggests that discoveries within countries and industries rise with the growth of exports along the intensive margin (relative to the growth of non-export gross domestic product) but the magnitude of this partial correlation increases with domestic barriers to entry and with customs delays in exporting. However, the magnification effect of barriers to entry appears to be less significant as a determinant of total within-country export discoveries. This is consistent with inter-industry and within-country spillovers related to export discoveries, implying that barriers to entry enhance the effect of export growth on discoveries within country-industries but total discoveries might be unaffected by barriers to entry.
format	Publications & Research :: Policy Research Working Paper
author	Klinger, Bailey Lederman, Daniel
author_facet	Klinger, Bailey Lederman, Daniel
author_sort	Klinger, Bailey
title	Export Discoveries, Diversification and Barriers to Entry
title_short	Export Discoveries, Diversification and Barriers to Entry
title_full	Export Discoveries, Diversification and Barriers to Entry
title_fullStr	Export Discoveries, Diversification and Barriers to Entry
title_full_unstemmed	Export Discoveries, Diversification and Barriers to Entry
title_sort	export discoveries, diversification and barriers to entry
publishDate	2012
url	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100720145329 http://hdl.handle.net/10986/3850
_version_	1764388662512975872

Export Discoveries, Diversification and Barriers to Entry

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