Export variety and the economic performance of countries

@article{Saviotti2008ExportVA,
  title={Export variety and the economic performance of countries},
  author={Pier Paolo Saviotti and Koen Frenken},
  journal={Journal of Evolutionary Economics},
  year={2008},
  volume={18},
  pages={201-218}
}
We explore the relationship between export variety and economic development, using data on OECD countries between 1964 and 2003. We show that structural change in the world economy has a particular arrow of time leading to a growing variety of exports. Distinguishing between related variety (within sectors) and unrelated variety (variety between sectors), we also show that related variety stimulates growth instantaneously, while unrelated variety only promotes growth with a considerable time… 

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