Classification of Specialty Product/S Exports & Their Impact on GDP Per Capita Growth

Authors: Urooj Hafeez

This study investigates about the significance of exports of specialty product/s as a factor affecting the level of GDP per capita growth. Specialty exports have three categories namely ‘Low Technology Manufacturing Specialty products’, High Technology Knowledge Intensive products and Natural Specialty Products. Impact of Specialty exports on GDP per capita growth is analyzed using three panels from 1983 to 2017; first panel is of all the developing countries of the world, then two panels of all developed countries a)- Panel II of developed countries having major export share of knowledge intensive Specialty Product, b)- Panel III of developed countries having major export share of some Natural Specialty Products like metals and metallic ores, crude oil, vegetables, fruits, Gems, petroleum and petroleum products. Then the results of all three panels are compared for policy recommendations.