WebBy extending the Hausmann et al., (2007)'s theoretical model involving cost discovery, we show that cultural diversity affects export sophistication b… WebJul 20, 2024 · We used the data of 133 countries to explore the determinants of export diversity among candidate variables that are clearly exogenous or endogenous but with a well-established instrument. These candidates include geography, resource abundance, and institutional quality. Our results suggest that institutional quality is important in …
A Study on China’s Cultural Product Export Trade and Its ... - Hindawi
Web29 rows · Nov 1, 2024 · The idea of cultural diversity is introduced in the model developed by Hausmann et al. (2007) in ... Furthermore, cultural diversity can also facilitate an increase in the growth rate … Cultural diversity can have a positive effect on output growth if a more diverse … WebNov 1, 2024 · Our theoretical results suggest that cultural diversity also increases the growth rate of export sophistication by improving the economy's ability to operate closer to its technology frontier. We use panel data that covers 85 countries over the 1995–2014 period to empirically evaluate our theoretical predictions. meagher group
Do we need more immigration? Socio-cultural diversity and …
WebFeb 1, 2024 · An increase in the number of distinct products exported by a country represents the increase in export diversity. Ubiquity of a country's exports is defined as the average number of countries exporting the same products, which are … WebJul 11, 2024 · A dynamic panel estimator is used to discern between short and long-run effects of immigration on the international competitiveness of EU economies. Our results suggest that greater socio-economic diversity increases the sophistication of exports in both the short and long run. The long-run effects are about twice as large than short-run … WebSpecifically, cultural diversity pushes the technology frontier of the economy outwards, which improves export sophistication level. Our theoretical results suggest that cultural diversity also increases the growth rate of export sophistication by improving the economy's ability to operate closer to its technology frontier. meagher howard \u0026 wright