TY - BOOK ID - 85505372 TI - Export Diversification in Low-Income Countries and Small States: Do Country Size and Income Level Matter? AU - Lee, Dongyeol. AU - Zhang, Huan. PY - 2019 SN - 1498317332 1498317316 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Produce trade. KW - Agricultural marketing KW - Agricultural products KW - Food trade KW - Agriculture KW - Food industry and trade KW - Commodity exchanges KW - Farm produce KW - Economic aspects KW - Exports and Imports KW - Macroeconomics KW - Macroeconomic Analyses of Economic Development KW - Industrialization KW - Manufacturing and Service Industries KW - Choice of Technology KW - Development Planning and Policy: General KW - Trade: General KW - Personal Income, Wealth, and Their Distributions KW - Macroeconomics: Consumption KW - Saving KW - Wealth KW - International economics KW - Export diversification KW - Exports KW - Personal income KW - Government consumption KW - Export performance KW - Income KW - Consumption KW - Economics UR - https://www.unicat.be/uniCat?func=search&query=sysid:85505372 AB - Export structure is less diversified in low-income countries (LICs) and especially small states that face resource constraints and small economic size. This paper explores the potential linkages between export structure and economic growth and its volatility in LICs and small states, using a range of indices of export concentration differing in the coverage of industries. The empirical analysis finds that export diversification may promote economic growth and reduce economic volatility in these countries. Furthermore, the analysis demonstrates that the economic benefits of export diversification differ by country size and income level—there are bigger benefits for relatively larger and poorer countries within the group of LICs and small states. ER -