Explaining Trends and Factors Affecting Export Diversification in ASEAN and SAARC Regions: An Empirical Analysis
This paper examines the role played by country-specific factors in the determination of export product diversification process.To meet this objective, the paper begins by constructing a time series data for export diversification using the Herfindahl index.Then, it applies the fully modified OLS co-integration model to a panel of selected ASEAN and