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Export Diversification and Economic Growth

Part of the Contributions to Economics Book Series

DOI: 10.1007/978-3-7908-2742-2

ISBN: 978-3-7908-2741-5

Publisher: Physica-Verlag HD - Springer Journals

May 17, 2011

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Chapter 1Introduction

Mejía, Juan Felipe

Pages: 1 –8

[Within the World Bank’s classification, Colombia is at present considered as an upper-middle-income economy. The country’s growth performance for almost 50 years, its sound macroeconomic management, and its democratic tradition, are some factors that have been recognized by leading international...
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Chapter 2Export Diversification, International Trade, and Economic Growth: A Survey of the Literature

Mejía, Juan Felipe

Pages: 9 –47

[Since the very beginning of the 1990s, Colombian policy-makers introduced a new approach towards the national economic development: As stated by Ocampo and Villar (1992), the so-called “Modernization and Internationalization Program” was officially launched, encouraging national industries to...
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Chapter 3Structural Change in Exports and Export Diversification: A Look at Colombia over the Period 1990–2008

Mejía, Juan Felipe

Pages: 49 –100

[Based on the examination of different concentration and diversification indexes, the current chapter explores the evolution of Colombian exports over the period 1990–2008. The analysis is concentrated on this lapse of time, considering that the country embarked on an active outward-oriented...
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Chapter 4Commercial Relations Between Colombia and the European Union: An Empirical Approximation in the Light of the Gravity Model

Mejía, Juan Felipe

Pages: 101 –119

[The current chapter examines the impact of the European Generalized System of Preferences on Colombian exports over the period 1990–2008. Based on the gravity model of international trade, an augmented gravity equation is tested, capturing economic, geographic, cultural, and institutional...
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Chapter 5Export Competitiveness in Colombia: Strengths and Weaknesses of the Economy’s Competitive Foundations

Mejía, Juan Felipe

Pages: 121 –168

[Chiefly, the current chapter aims to evaluate if Colombia is, indeed, strongly grounded in the “competitive fundamentals” that it requires for a successful process of export diversification. As has been suggested by Cramer (1999), while it is commonly believed that significant benefits could be...
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Chapter 6Enhancing Colombia’s Export Diversification: A Normative Approximation, with an Emphasis on the European Union’s Market

Mejía, Juan Felipe

Pages: 169 –184

[The trend towards export concentration not just in Colombia, but in Latin America as a whole, has been remarked on several times in the current research study. According to the World Bank, 52% of the region’s exports were composed of commodities in the past decade. In contrast, commodity exports...

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