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From #Hashtags to Legislation : Engagement and Support for Economic Reforms in the GulfCooperation Council Countries. (2022). arezki, rabah ; Belmejdoub, Oussama ; Diab, Bilal ; Kalla, Samira ; Nguyen, HA ; Abdulla, Abdulla Fahed ; Yotzov, Ivan Victorov.
In: Policy Research Working Paper Series.
RePEc:wbk:wbrwps:10090.

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  40. The final source, UNCTAD’s Export Concentration Ratio (also known as the Herfindahl-Hirschmann Index), measures a country’s export market concentration as follows: ???? = �∑ ( ???? ??)2 ?? ?? =1 − �1/?? 1 − �1/?? where Hc is the index for country c, xi is the value of exports for product i, X is the sum of export values across all products, and n is the number of products. We rescale the index so that 0 is the least concentrated portfolio while 100 is the most concentrated. This transformation allows us to include diversification as an additional ‘pillar’ to complement the GCI’s ten. We obtain for each GCC country for the years 2007 to 2017. Table A2.1 shows the average Distance to Frontier. Overall, the GCC performs well in Macroeconomic Environment, Health and Primary Education, and is underperforming in Diversification, Innovation and Technological Readiness.
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