Export diversification and growth: an empirical investigation
Fahim Al‐MarhubiSultan Qaboos University, College of Commerce and Economics, P. O. Box 20, Post Code 123, Al-Khoudh, Sultanate of Oman. E-mail: [email protected]
2000en
ABI
Abstract
Using recent theories of growth, this paper presents empirical evidence that export diversification promotes economic growth. This result is robust to different specifications of the growth equations and different measures of export diversification. In developing countries, export diversification is associated also with higher investment rates.
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