Arbeitspapier

The Discovery of New Export Products in Ecuador

This paper examines export diversification in Ecuador in the cases of fresh cut flowers, canned tuna, palm heart, broccoli and mangoes, using the theoretical framework on “pioneers” and “discoveries” developed by Hausmann and Rodrik(2003), as well as work by Sánchez and Butler (2006) on export costs and related uncertainties. It is found that the discoveries were mainly of traditional competitive advantage, with various degrees of technology adoption. The following policy implications are derived: i) innovative mechanisms to share the costs of new discoveries must be found and intellectual property rights strengthened; ii) cooperation among industry experts needs to improve; iii) deeper collective action to promote public-private partnerships should be undertaken; iv) relevant information and knowledge should be made available to all interested parties; and v) a national-level agenda should be undertaken to increase private investment in promising sectors while promoting the creation of public goods and minimizing rent-seeking behavior.

Language
Englisch

Bibliographic citation
Series: IDB Working Paper Series ; No. IDB-WP-165

Classification
Wirtschaft
Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products
Industrial Policy
Subject
Export diversification
Ecuador

Event
Geistige Schöpfung
(who)
Hernandez, Ivan
Cely, Nathalie
Gonzalez, Francisco
Munoz, Ernesto
Prieto, Ivan
Event
Veröffentlichung
(who)
Inter-American Development Bank (IDB)
(where)
Washington, DC
(when)
2010

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Hernandez, Ivan
  • Cely, Nathalie
  • Gonzalez, Francisco
  • Munoz, Ernesto
  • Prieto, Ivan
  • Inter-American Development Bank (IDB)

Time of origin

  • 2010

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