Export variety and export performance: Empirical evidence for the OECD countries |
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Authors: | Michael Funke Ralf Ruhwedel |
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Institution: | (1) Austrian Institute of Economic Research (WIFO), P.O. Box 91, A-1103 Vienna, Austria |
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Abstract: | Export Variety and Export Performance: Empirical Evidence for the OECD Countries. — Does product variety matter for export performance? This has been suggested by the new trade theory. In the present paper, we investigate empirically whether increasing export variety has contributed to the export growth of the OECD countries. We calculate direct measures of export variety and estimate pooled export demand equations for 15 OECD countries. The econometric results suggest that producing highly differentiated export goods gives a competitive advantage which allows to sell more products. |
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Keywords: | F12 C23 |
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