Analyses of Colombian data have generally failed to confirm the hypothesis of export-led growth. This paper generates several measures of export diversification and structural change in exports, and argues that these measures are useful in assessing growth externalities generated by the export...

Analyses of Colombian data have generally failed to confirm the hypothesis of export-led growth. In this paper, we generate several measures of export diversification and structural change in exports, and argue that these measures are useful in assessing growth externalities generated by the...

This paper is an attempt to establish some stylized facts about the process of export diversification and structural change in exports for six key Latin American economies: Argentina, Brazil, Chile, Colombia, Mexico and Venezuela. Our results show that there has been a long-run trend toward...