Search IMF Staff Papers


Advanced Search
Journal Description

Editorial Committee

How to Subscribe

Forthcoming Articles

Staff Papers Archive

Copyright Information

Use the free Adobe Acrobat Reader to view pdf files

Free Email Notification

Receive emails when we post new items of interest to you.

Subscribe or Modify your profile




IMF Staff Papers Logo last updated: December 2001
Volume 48, Number 2
 
Product Variety and Economic Growth: Empirical Evidence for the OECD Countries
By Michael Funke and Ralf Ruhwedel

Full Text of this Article (PDF 110 K)

Abstract: Utilizing panel data for 19 member countries of the Organization for Cooperation and Development (OECD), we find support for the hypothesis that a greater degree of product variety relative to the United States helps to explain relative per capita GDP levels. The empirical work relies upon some direct measures of product variety calculated from six-digit OECD export and import data. Although the issue is far from being settled, the emerging conclusion is that the index of relative product variety across countries is significantly correlated with relative per capita income levels. [JEL F41, F43, C23]

2001 International Monetary Fund