Congo, Rep. | 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 the Congo
Records
53
Source
Congo, Rep. | Import product diversification index
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1979
1980
1981
1982
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1991
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1994
1995 0.55754616
1996 0.59995232
1997 0.53095624
1998 0.48014341
1999 0.45347456
2000 0.43503896
2001 0.49086107
2002 0.44298807
2003 0.45867075
2004 0.47091009
2005 0.47319844
2006 0.45256369
2007 0.53358701
2008 0.48686655
2009 0.51203522
2010 0.52498761
2011 0.53120787
2012

Congo, Rep. | 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 the Congo
Records
53
Source