Export product range and economic performance – An emphasis on small advanced EU countries

We analyse the number of different HS8 products in the EU countries’ exports in 1995–2015. We review what share, or coverage, of the total possible number of these products the countries exported each year. We analyse whether the development in this coverage rate as opposed to concentration of exports as measured by the Herfindahl-Hirschman index is associated with GDP per capita growth. We find that changes in the coverage rate relate positively, but that the development of the HH index has no statistically significant relation to economic growth.

Publication info

Part of researches
Competitiveness and product variety
Part of programs
Series
ETLA Muistio - ETLA Brief 60
Date
21.06.2017
ISSN
2323-2463
Pages
4
Availability
Available
Language
Finnish