Cape Verde | Import product diversification index
The diversification index signals whether the structure of imports by product of a given country or group of countries differ from the structure of product of the world. Diversification index that ranges from 0 to 1 reveals the extent of the differences between the structure of trade of the country or country group and the world average. The index value closer to 1 indicates a bigger difference from the world average. It is constructed as the inverse of a Herfindahl index, using disaggregated exports at 4 digits (following the STIC3). This index is a modified Finger-Kreinin measure of similarity in trade. For more information, please consult the article of Finger, J. M. and M. E. Kreinin (1979), “A measure of ‘export similarity’ and its possible uses” in the Economic Journal , 89: 905-12.
Publisher
The World Bank
Origin
Republic of Cabo Verde
Records
53
Source
Cape Verde | Import product diversification index
1960
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1976
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1978
1979
1980
1981
1982
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1984
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1987
1988
1989
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1991
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1994
1995 0.50408866
1996 0.53255047
1997 0.473866
1998 0.45997542
1999 0.45276724
2000 0.43005432
2001 0.47774694
2002 0.49308979
2003 0.4851362
2004 0.50396841
2005 0.47039597
2006 0.49757703
2007 0.47118643
2008 0.50853501
2009 0.45452139
2010 0.47204369
2011 0.53156329
2012
Cape Verde | Import product diversification index
The diversification index signals whether the structure of imports by product of a given country or group of countries differ from the structure of product of the world. Diversification index that ranges from 0 to 1 reveals the extent of the differences between the structure of trade of the country or country group and the world average. The index value closer to 1 indicates a bigger difference from the world average. It is constructed as the inverse of a Herfindahl index, using disaggregated exports at 4 digits (following the STIC3). This index is a modified Finger-Kreinin measure of similarity in trade. For more information, please consult the article of Finger, J. M. and M. E. Kreinin (1979), “A measure of ‘export similarity’ and its possible uses” in the Economic Journal , 89: 905-12.
Publisher
The World Bank
Origin
Republic of Cabo Verde
Records
53
Source