Does transport infrastructure spur export diversification and sophistication in the G-20 economies? An application of CS-ARDL

This study investigates the effect of transport infrastructure on export sophistication and diversification in the G-20 economies by applying the cross-sectional dependency autoregressive distributed lag (ARDL) approach. The empirical findings demonstrate that transport infrastructure spurs export s...

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Bibliographic Details
Published in:	Applied economics letters Vol. 30; no. 14; pp. 1861 - 1865
Main Authors:	Rehman, Faheem Ur, Sohag, Kazi
Format:	Journal Article
Language:	English
Published:	London Routledge 16-08-2023 Taylor & Francis LLC
Subjects:	CS-ARDL Dependency Diversification Economic analysis Economic theory Economics export sophistication and diversification Foreign investment G-20 countries Human capital Infrastructure Sophistication Transport infrastructure Transportation
Online Access:	Get full text
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Summary:	This study investigates the effect of transport infrastructure on export sophistication and diversification in the G-20 economies by applying the cross-sectional dependency autoregressive distributed lag (ARDL) approach. The empirical findings demonstrate that transport infrastructure spurs export sophistication and diversification in the short and long run. Besides, outward foreign direct investment, institutional quality and human capital contribute to exporting sophistication and diversification. Our results are robust in the common correlation effect, homogeneity and heterogeneity restrictions in the short- and long-run parameters, respectively.
ISSN:	1350-4851 1466-4291
DOI:	10.1080/13504851.2022.2083554