Guinea-Bissau | 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 Guinea-Bissau
Records
53
Source
Guinea-Bissau | Import product diversification index
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1978
1979
1980
1981
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1995 0.5194238
1996 0.48352177
1997 0.51444959
1998 0.49118462
1999 0.53125769
2000 0.53636346
2001 0.51973791
2002 0.48723727
2003 0.55691302
2004 0.53610334
2005 0.62155508
2006 0.57726368
2007 0.53250976
2008 0.58634718
2009 0.60271088
2010 0.57546082
2011 0.57757966
2012

Guinea-Bissau | 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 Guinea-Bissau
Records
53
Source