Oil and gas dependence the volatility of their prices is currently a serious challenge for Russian economy. Coincidently, export revenues from oil products are main source federal budget. Export diversification can contribute to risk reduction economy by increasing share other industries in structure. In this regard, present study examines determinants industrial regions using econometric model...

Developing countries as a whole have been remarkably successful in diversifying their economies and their export structures. This process of diversification has taken many forms. The most prominent change has been the shift towards industry. In the 1960’s, some 80% of developing country exports were primary commodities; today, almost 80% are industrial products. This massive transformation in e...

Much of the analysis of economic growth has focused on the study of aggregate output. Here, we deviate from this tradition and look instead at the structure of output embodied in the network connecting countries to the products that they export. We characterize this network using four structural features: the negative relationship between the diversification of a country and the average ubiquit...

Recent studies of product-level export data demonstrate that an economy with an export-mix that is more diverse and sophisticated tends to experience faster growth, lower inequality and greater resilience to shocks. These studies also argue that development through export diversification is pathdependent: since the production of different products both requires and imbues economies with differe...

This paper discusses the political economy behind the principal trade policy decisions in Russia since independence. I discuss why export restraints were widely employed in the early transition years and why the export quotas proved more difficult to remove than anticipated. Why it was so difficult to resolve the monetary basis for the collapse in trade among the newly independent states. Why t...

There is little consensus on the corporate diversification-efficiency relationship in the diversification literature. The study aims to contribute to the literature by looking jointly at two dimensions of corporate diversification as product diversification and international diversification and the relationship between them. The results show negative relationship between product diversification...

The purpose of this paper is to study the firms’ internal knowledge in combination with the external knowledge diversity in their region to examine their joint relation to export diversification. Using a data set of the full population of Swedish manufacturing exporters for the period 2003-2013, allows for identifying when firms introduce new products on the export market. The results indicate ...