September 2023
Export diversification and economic growth: Evidence from Zimbabwe
This paper employed the Auto-Regressive Distributed Lag (ARDL) model to examine the effects of export diversification on economic growth using Zimbabwe’s annual time series data for the period 1995 to 2020. The Herfindahl index (HI) was used as a measure of export diversification. The control variables included are; capital, labour, direct investment, GDP per capita, the number of export products and secondary...