Expanding and Diversifying Montenegro's Exports: A Product Space Analysis

16 Pages Posted: 3 Jul 2013

See all articles by Zeljko Bogetic

Zeljko Bogetic

World Bank

Igor Pejovic

Higher School of Economic, Belgrade

Israel Osorio-Rodarte

World Bank

Date Written: July 1, 2013

Abstract

This paper provides an analysis of the export potential and export diversification of Montenegro using the export-product space approach pioneered by Hausmann, Hwang, and Rodrik (2007), Hausmann and Klinger (2006), and Hidalgo, et. al. (2007). Based on this analysis as well as a review of international experience and field discussions, the paper also provides policy recommendations for exploiting Montenegro's considerable export potential and diversification.

Keywords: exports, trade, competitiveness, diversification, Montenegro, Balkans

JEL Classification: F14, O24, O52

Suggested Citation

Bogetic, Zeljko and Pejovic, Igor Milan and Osorio-Rodarte, Israel, Expanding and Diversifying Montenegro's Exports: A Product Space Analysis (July 1, 2013). Available at SSRN: https://ssrn.com/abstract=2288087 or http://dx.doi.org/10.2139/ssrn.2288087

Zeljko Bogetic (Contact Author)

World Bank ( email )

1818 H Street, N.W.
Washington, DC 20433
United States

Igor Milan Pejovic

Higher School of Economic, Belgrade ( email )

Vozdovac 1
Belgrade, Serbia 11000
Serbia
phd.pejovic@gmail.com (Phone)

Israel Osorio-Rodarte

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

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