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dc.contributor.authorFelipe, Jesusen
dc.contributor.authorKumar, Utsaven
dc.contributor.authorAbdon, Arnelynen
dc.date.accessioned2012-04-12T14:21:28Z-
dc.date.available2012-04-12T14:21:28Z-
dc.date.issued2010-
dc.identifier.urihttp://hdl.handle.net/10419/57031-
dc.description.abstractWe develop an Index of Opportunities for 130 countries based on their capabilities to undergo structural transformation. The Index of Opportunities has four dimensions, all of them characteristic of a country's export basket: (1) sophistication; (2) diversification; (3) standardness; and (4) possibilities for exporting with comparative advantage over other products. The rationale underlying the index is that, in the long run, a country's income is determined by the variety and sophistication of the products it makes and exports, which reflect its accumulated capabilities. We find that countries like China, India, Poland, Thailand, Mexico, and Brazil have accumulated a significant number of capabilities that will allow them to do well in the long run. These countries have diversified and increased the level of sophistication of their export structures. At the other extreme, countries like Papua New Guinea, Malawi, Benin, Mauritania, and Haiti score very poorly in the Index of Opportunities because their export structures are neither diversified nor sophisticated, and they have accumulated very few and unsophisticated capabilities. These countries are in urgent need of implementing policies that lead to the accumulation of capabilities.en
dc.language.isoengen
dc.publisher|aLevy Economics Institute of Bard College |cAnnandale-on-Hudson, NYen
dc.relation.ispartofseries|aWorking Paper |x613en
dc.subject.jelO10en
dc.subject.jelO57en
dc.subject.ddc330en
dc.subject.keywordcapabilitiesen
dc.subject.keywordindex of opportunitiesen
dc.subject.keyworddiversificationen
dc.subject.keywordopen foresten
dc.subject.keywordproduct spaceen
dc.subject.keywordsophisticationen
dc.subject.keywordstandardnessen
dc.titleAs you sow so shall you reap: From capabilities to opportunities-
dc.typeWorking Paperen
dc.identifier.ppn635921413en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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