Export Growth and Diversification : The Case of Peru / Illescas, Javier

Jaramillo, C. Felipe ; Illescas, Javier

Englisch

Washington, D.C : The World Bank, 2011

Online-Ressource (30 p)

Illescas, Javier: Export Growth and Diversification

DOI: 10.1596/1813-9450-5868

The rapid growth of exports since the early 1990s is a central feature in the extraordinary rise of Peru's economy in recent years. This study puts a lens on this export growth episode, with special attention to two issues. The first one is the role of international price levels as well as export volumes in explaining this growth. The second one is whether Peru has seen a diversification of its exports during this growth episode. The empirical analysis finds that although the increase in international mineral prices has exerted a significant impact in recent years, much of the growth of Peru's export revenues has also been related to an increase in volumes. This finding applies to traditional and non- traditional exports, although the importance of volumes is more predominant for the latter. The analysis does not reveal a trend toward greater diversification of Peru's exports since 1993. On the contrary, some of the evidence suggests that the rises in price and volumes in the mining components could be leading to greater concentration. Nonetheless, there is a clear trend toward diversification among non-traditional exports due to the significant emergence of new export products in recent years

 

2011

Der deutschlandweite Zugriff auf diesen Titel wird durch die Förderung der Deutschen Forschungsgemeinschaft ermöglicht und durch die Bayerischen Staatsbibliothek München organisiert. Einzelpersonen mit ständigem Wohnsitz in der Bundesrepublik Deutschland können sich persönlich bei der Bayerischen Staatsbibliothek München für einen kostenlosen Zugriff registrieren lassen, falls ihnen der Zugang über ein Universitätsnetz bzw. eine Wissenschaftliche Bibliothek nicht zur Verfügung steht: "http://www.nationallizenzen.de"