Tanzania | 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
United Republic of Tanzania
Records
53
Source
Tanzania | Import product diversification index
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1980
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0.43264281 1995
0.40320295 1996
0.43602767 1997
0.39855162 1998
0.39135358 1999
0.44227767 2000
0.43167322 2001
0.42934715 2002
0.44756126 2003
0.44451271 2004
0.43811311 2005
0.44888444 2006
0.46047458 2007
0.47061253 2008
0.46636684 2009
0.48131288 2010
0.49766173 2011
2012
Tanzania | 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
United Republic of Tanzania
Records
53
Source