Analysis of export diversification development of the European Union and BRICS countries

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F15%3A86090700" target="_blank" >RIV/61989100:27510/15:86090700 - isvavai.cz</a>

Result on the web

—

DOI - Digital Object Identifier

—

Result language

angličtina

Original language name

Analysis of export diversification development of the European Union and BRICS countries

Original language description

Export diversification theory came to the fore in the second half of the 20th century as opposed to classical and neoclassical theories of foreign trade. It defends the positive impact of trade diversification on the economic performance of a country. This paper will answer the question how much big economies diversify their exports in the case of product groups and export destinations. The paper uses three different indices describing various features of export diversification in two dimensions using unweighted and own weighted approach of values. The analysis shows that the EU has reached the highest long-term export diversification for both, the product and the territorial diversification. The BRICS countries have increased their export position inthe world economy through the intensive and extensive margin, but from the perspective of Herfindahl-Hirschman indicator, they show very different development of product and territorial diversification.

Czech name

—

Czech description

—

Type

J_x - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

CEP classification

AH - Economics

OECD FORD branch

—

Project

<a href="/en/project/EE2.3.20.0296" target="_blank" >EE2.3.20.0296: Research team for modelling of economic and financial processes at VSB-TU Ostrava</a><br>

Continuities

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)<br>S - Specificky vyzkum na vysokych skolach

Publication year

2015

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Ekonomická revue

ISSN

1212-3951

e-ISSN

—

Volume of the periodical

18

Issue of the periodical within the volume

1

Country of publishing house

CZ - CZECH REPUBLIC

Number of pages

11

Pages from-to

59-70

UT code for WoS article

—

EID of the result in the Scopus database

—