Intelligent Export Diversification: An Export Recommendation System with Machine Learning

This paper presents a set of collaborative filtering algorithms that produce product recommendations to diversify and optimize a country's export structure in support of sustainable long-term growth. The recommendation system is able to accurately predict the historical trends in export content...

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Bibliographic Details
Main Author: Che, Natasha
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2020
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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245 0 0 |a Intelligent Export Diversification: An Export Recommendation System with Machine Learning  |c Natasha Che 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2020 
300 |a 46 pages 
651 4 |a Paraguay 
653 |a Machine learning 
653 |a Technological Change: Choices and Consequences 
653 |a Income 
653 |a Technology 
653 |a Personal income 
653 |a Export diversification 
653 |a Trade: General 
653 |a Intelligence (AI) & Semantics 
653 |a Exports and Imports 
653 |a Diffusion Processes 
653 |a International economics 
653 |a Personal Income, Wealth, and Their Distributions 
653 |a National accounts 
653 |a Economic Development, Innovation, Technological Change, and Growth 
653 |a International trade 
653 |a Exports 
653 |a Macroeconomics 
653 |a Comparative advantage 
653 |a Neoclassical Models of Trade 
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490 0 |a IMF Working Papers 
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520 |a This paper presents a set of collaborative filtering algorithms that produce product recommendations to diversify and optimize a country's export structure in support of sustainable long-term growth. The recommendation system is able to accurately predict the historical trends in export content and structure for high-growth countries, such as China, India, Poland, and Chile, over 20-year spans. As a contemporary case study, the system is applied to Paraguay, to create recommendations for the country's export diversification strategy