Export diversification is considered an effective remedy for avoiding uncertainties in terms of international trade, achieving stability in export earnings, and long run sustained economic growth. Here we explore the macroeconomic and structural factors affecting export diversification and try to fill the gap in the existing literature by examining empirically the effect of these factors on both forms of export diversification, product diversification and geographical diversification, by using the Export Diversification Composite Index, as well as we examine the real impact of export...
Export diversification is considered an effective remedy for avoiding uncertainties in terms of international trade, achieving stability in export ear...