Kuenzel Investigates Whether the Diversity of Countries’ Export Portfolios Affects Economic Growth
Olivia DrakeSeptember 22, 20161min
David Kuenzel, assistant professor of economics, is the co-author of a new paper published in the Canadian Journal of Economics titled “The Elusive Effects of Trade on Growth: Export Diversity and Economic Take-off.”
In the paper, Kuenzel and his co-author, Theo Eicher from the University of Washington, investigate whether the diversity of countries’ export portfolios affects their economic growth performance.
In the paper, Kuenzel and Eicher propose a structured approach to trade and growth determinants based on recent advances in international trade. The results show that export diversity serves as a crucial growth determinant for low-income countries, and the effect weakens with a country’s level of development.