Vanessa Strauss-Khan

Bio: Vanessa Strauss-Khan is an academic researcher. The author has contributed to research in topics: Diversification (marketing strategy) & Diversification (finance). The author has an hindex of 2, co-authored 2 publications receiving 481 citations.

Export Diversification: What’s behind the Hump?

Abstract: The paper explores the evolution of export diversification patterns along the economic development path. Using a large database with 156 countries over 19 years at the HS6 level of disaggregation (4’991 product lines) we look for action at the “intensive” and “extensive” margins (diversification of export values among active product lines and by addition of new product lines respectively) using various export concentration indices and the number of active export lines. We also look at new product introduction as an indicator of “export-entrepreneurship”. We find a hump-shaped pattern of export diversification similar to what Imbs and Wacziarg (2003) found for production and employment. Diversification and subsequent re-concentration take place mostly along the extensive margin, although the intensive margin follows the same pattern. This hump-shaped pattern is consistent with the conjecture that countries travel across diversification cones, as discussed in Schott (2003, 2004) and Xiang (2007).

OECD Imports: Diversification and quality search

Abstract: This paper explores the evolution of OECD imports over time and as a function of income levels, measuring the concentration of those imports across origin countries at the product level We find evidence of diversification followed, in the very last years of the sample period (post-2000), by a slight reconcentration This reconcentration is entirely explained by the growing importance of Chinese products in OECD imports We also find evidence of relatively more volatile concentration levels for differentiated goods, consistent with a simple model of adverse selection and screening of suppliers by OECD buyers Finally, we find that “accession” to OECD markets occurs directly (rather than after acquiring prior export experience on other markets) for more than half of the (extra-OECD) exporter/product pairs, but that one to eight years of experience enhances subsequent survival on OECD markets Exports that reach OECD markets after more than eight years of experience elsewhere tend to survive less

Resource-Based Industrialization: Sowing the Oil in Eight Developing Countries

Abstract: Part 1: country size and efficiency constraints on resource-based industrialization harnessing mineral enclaves - export base, mineral boom and RBI literature. Part 2 Potential and actual RBI resource rent: the potential stimulus from resource processing in the base case - a large efficient developing country the country size constraint on RBI extent and external causes of RBI resource rent overstimation. Part 3 Implementation efficiency: political constraints on macro-economic efficieny - oil windfall deployment in the low absorbing countries macro-economic constraints on the high-absorbing oil-exporting countries micro-efficiency - firm performance in RBI micro efficiency - RBI sectoral performance. Part 4 RBI impact: the impact of RBI on economic growth and structural change RBI's spatial impact - the lagged economic stimulus. Part 5 Conclusion and policy implications: a model of RBI and some policy implications conclusions - RBI risk.

Determinants of Export Diversification Around the World: 1962-2000

Abstract: Using a large dataset of countries during the last forty years, this paper analyzes the main determinants of export diversification. We explore the role of several factors and we use three different indicators of export diversification. We find robust evidence across specifications and indicators that trade openness induces higher specialization and does not favor export diversification. In contrast, financial development helps countries to diversify their exports. Looking at the effects of exchange rates, our results suggest a negative effect of real exchange rate overvaluation, but not significant effects of exchange rate volatility. We also find evidence that capital accumulation contributes positively to diversity exports and that increasing remoteness tend to reduce export diversification. We explore also the role of terms of trade shocks. Some of our results suggest that there is an interesting interaction between this variable and human capital. We find that improvements in terms of trade tend to concentrate exports, but this effect is lower for those countries with higher levels of human capital. This evidence suggests that countries with higher education can take advantage of positive terms of trade shocks to increase export diversification.