Zambia | 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 Zambia
Records
53
Source
Zambia | Import product diversification index
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1980
1981
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0.41436797 1995
0.39323326 1996
0.40450938 1997
0.43860369 1998
0.38288892 1999
0.46295869 2000
0.4345795 2001
0.4507608 2002
0.45060241 2003
0.43356834 2004
0.44105635 2005
0.4545656 2006
0.43735219 2007
0.42519588 2008
0.44408885 2009
0.48807357 2010
0.45745829 2011
2012

Zambia | 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 Zambia
Records
53
Source