Djibouti | 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 Djibouti
Records
53
Source
Djibouti | Import product diversification index
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1978
1979
1980
1981
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1989
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1995 0.56840252
1996 0.56943423
1997 0.55079328
1998 0.47939583
1999 0.50135968
2000 0.5102072
2001 0.50516742
2002 0.52685771
2003 0.54224906
2004 0.51918381
2005 0.55849298
2006 0.55701415
2007 0.55893188
2008 0.4921904
2009 0.49196265
2010 0.49662324
2011 0.51689884
2012

Djibouti | 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 Djibouti
Records
53
Source