@article{article_630352, title={Does Export Diversification Lower Growth Volatility? An Empirical Analysis}, journal={Çankırı Karatekin Üniversitesi Sosyal Bilimler Enstitüsü Dergisi}, volume={10}, pages={113–135}, year={2019}, author={Guneri, Barbaros}, keywords={Growth Volatility,Export Diversification}, abstract={<p class="MsoNormal" style="margin-bottom:.0001pt;line-height:normal;"> <span lang="en-us" xml:lang="en-us">This
paper, following the recent literature, discussing about the theoretical
connections, and applying an empirical analysis, studies the relationship
between export diversification and growth volatility. Using several export
diversification indices, a large number of countries, various control variables
and dynamic panel data methodology, the empirical model present strong evidence
on the effects of diversification on volatility. The results show that
countries with a diversified export basket experience lower growth volatility.
Among diversification indices, intensive margin (more balanced basket of
exports) is found to have a stronger negative impact on volatility, rather than
extensive margin (number of firms exporting).  </span> </p> <p> </p>}, number={2}, publisher={Cankiri Karatekin University}