caa a22 4500 445859164 CHVBK 20180317145437.0 cr unu---uuuuu 170323e20110901xx s 000 0 eng 10.1007/s10290-011-0097-7 doi (NATIONALLICENCE)springer-10.1007/s10290-011-0097-7 Minondo Asier Deusto Business School, University of Deusto, Camino De Mundaiz, 50, 20012, San Sebastián, Spain aut Does comparative advantage explain countries' diversification level? [Elektronische Daten] [Asier Minondo] This paper analyses whether the products in which a country has comparative advantage can explain its exports' diversification level. We argue that specialisation endows countries with some specific skills and assets; in some cases those skills and assets can easily be redeployed in other products and facilitate diversification, whereas in other cases skills and assets are more difficult to redeploy and offer scant diversification possibilities. Based on countries' comparative advantage and an index of product proximity, we construct a metric for countries' diversification possibilities. Using non-parametric and parametric techniques, we show that this metric is a very strong and robust predictor of countries' actual diversification level, even when we control for differences in income across countries. These results point out that diversification may not be an automatic outcome of development. Kiel Institute, 2011 Product proximity nationallicence Export diversification nationallicence International trade nationallicence Comparative advantage nationallicence Review of World Economics Springer-Verlag 147/3(2011-09-01), 507-526 1610-2878 147:3<507 2011 147 10290 https://doi.org/10.1007/s10290-011-0097-7 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s10290-011-0097-7 text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Minondo Asier Deusto Business School, University of Deusto, Camino De Mundaiz, 50, 20012, San Sebastián, Spain aut NATIONALLICENCE 773 0- Review of World Economics Springer-Verlag 147/3(2011-09-01), 507-526 1610-2878 147:3<507 2011 147 10290 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer