What is it about?
This study analyzes the impact of export composition (diversification or specialization) on economic growth of South Asian countries, while export diversification is further categorized into horizontal and vertical export diversification.
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Why is it important?
This study contributes by analyzing the non-linear relationship between export composition, i.e. diversification (horizontal and vertical) or specialization and economic growth in South Asian countries. The study is useful to boost the potential level of exports on sustainable economic growth of South Asian countries.
Perspectives
Education and skill formation are essential components for creativity and innovation, therefore attention must be paid toward labor training and education. Government must encourage the exporters to increase diversification in their export portfolio as well as provide incentives and technical assistance for research and development in the manufacturing sector.
Dr Kashif Munir
Al Qasimia University
Read the Original
This page is a summary of: Export composition and economic growth: evidence from South Asian countries, South Asian Journal of Business Studies, June 2018, Emerald,
DOI: 10.1108/sajbs-10-2017-0117.
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