Research Article

DETERMINANTS OF EXPORT PRODUCT DIVERSIFICATION: EVIDENCE FROM DEVELOPING COUNTRIES

Volume: 19 Number: 2 December 31, 2024
TR EN

DETERMINANTS OF EXPORT PRODUCT DIVERSIFICATION: EVIDENCE FROM DEVELOPING COUNTRIES

Abstract

This study aims to identify the determinants of export product diversification in 85 developing countries over the period 2000-2022. In order to conduct a more comprehensive assessment, these countries were classified according to their geographical regions: Africa, the Americas, Asia, and Oceania. Three separate data sets were created and empirically analyzed. The analysis includes several independent variables that are thought to have a significant effect on export product diversification. These variables are: productive capacity index, economic growth, foreign direct investments, capital, labor force, inflation, public expenditures, and trade openness. The analysis of all countries indicates that increases in the productive capacity index, capital, labor, and public expenditures have a positive effect on export product diversification. In contrast, economic growth and trade openness have a negative effect on export product diversification. In African countries, an increase in the productive capacity index and foreign direct investment is associated with an increase in export diversification. However, public expenditures have the opposite effect, leading to a decrease in export diversification. In American countries, increases in the labor force and trade openness have a positive effect on export product diversification. Finally, in Asia and Oceania, it has been found that increases in the productive capacity index, capital, labor force, and public expenditures have led to an increase in export product diversification.

Keywords

Export product diversification , productive capacity index , economic growth , panel data analysis.

References

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APA
Altıner, A., Toktaş, Y., & Bozkurt, E. (2024). DETERMINANTS OF EXPORT PRODUCT DIVERSIFICATION: EVIDENCE FROM DEVELOPING COUNTRIES. Sosyal Bilimler Araştırmaları Dergisi, 19(2), 185-195. https://doi.org/10.48145/gopsbad.1527102
AMA
1.Altıner A, Toktaş Y, Bozkurt E. DETERMINANTS OF EXPORT PRODUCT DIVERSIFICATION: EVIDENCE FROM DEVELOPING COUNTRIES. JSSR. 2024;19(2):185-195. doi:10.48145/gopsbad.1527102
Chicago
Altıner, Ali, Yılmaz Toktaş, and Eda Bozkurt. 2024. “DETERMINANTS OF EXPORT PRODUCT DIVERSIFICATION: EVIDENCE FROM DEVELOPING COUNTRIES”. Sosyal Bilimler Araştırmaları Dergisi 19 (2): 185-95. https://doi.org/10.48145/gopsbad.1527102.
EndNote
Altıner A, Toktaş Y, Bozkurt E (December 1, 2024) DETERMINANTS OF EXPORT PRODUCT DIVERSIFICATION: EVIDENCE FROM DEVELOPING COUNTRIES. Sosyal Bilimler Araştırmaları Dergisi 19 2 185–195.
IEEE
[1]A. Altıner, Y. Toktaş, and E. Bozkurt, “DETERMINANTS OF EXPORT PRODUCT DIVERSIFICATION: EVIDENCE FROM DEVELOPING COUNTRIES”, JSSR, vol. 19, no. 2, pp. 185–195, Dec. 2024, doi: 10.48145/gopsbad.1527102.
ISNAD
Altıner, Ali - Toktaş, Yılmaz - Bozkurt, Eda. “DETERMINANTS OF EXPORT PRODUCT DIVERSIFICATION: EVIDENCE FROM DEVELOPING COUNTRIES”. Sosyal Bilimler Araştırmaları Dergisi 19/2 (December 1, 2024): 185-195. https://doi.org/10.48145/gopsbad.1527102.
JAMA
1.Altıner A, Toktaş Y, Bozkurt E. DETERMINANTS OF EXPORT PRODUCT DIVERSIFICATION: EVIDENCE FROM DEVELOPING COUNTRIES. JSSR. 2024;19:185–195.
MLA
Altıner, Ali, et al. “DETERMINANTS OF EXPORT PRODUCT DIVERSIFICATION: EVIDENCE FROM DEVELOPING COUNTRIES”. Sosyal Bilimler Araştırmaları Dergisi, vol. 19, no. 2, Dec. 2024, pp. 185-9, doi:10.48145/gopsbad.1527102.
Vancouver
1.Ali Altıner, Yılmaz Toktaş, Eda Bozkurt. DETERMINANTS OF EXPORT PRODUCT DIVERSIFICATION: EVIDENCE FROM DEVELOPING COUNTRIES. JSSR. 2024 Dec. 1;19(2):185-9. doi:10.48145/gopsbad.1527102