Zarach, Zuzanna; Parteka, Aleksandra - 2022 - This version: October 2022
This paper models export diversification in the context of an abundance of natural resources by decomposing the … eventually, together with intra-resource heterogeneity, explains the entire amount of export diversification at high income … levels. Our estimates show that natural resource abundance (in particular of fossil fuels) impedes overall diversification …