Between 1884, when Greek-born Sotirio Bulgari opened his first jewelry shop in Rome, and 1992, the only diversification was in the production of high-class watches.
Between 1884, when the Greek-born Sotirio Bulgari opened his first jewelry shop in Rome, and 1992, the only diversification consisted of the production of high-class watches.
In addition to further growth in established industries especially in the production of oil, gas, and electricity and in the chemical industries there was a marked diversification in industrial output, including a limited expansion in consumer goods.
So, we assume that the economy is always in one of the two other possible scenarios in which τ matters: either close to a steady state in which the economy specializes in the production of primary goods, or close to a steady state in which there is diversification of production and the country exports primary goods.
Some diversification has occurred through the production of motorcycles, leather goods, and packaging.
(Dupasquier and Dsakwa 2006,53) 2- Promote diversification and specialization in COMESA By encouraging the production of non-traditional export commodities with a competitive advantage on regional and global markets, in addition each country should specialize in products which offer comparative advantages over other countries of the region.
Oil production and refining and the production of liquefied natural gas (LNG) are the major industries, but government policy has encouraged economic diversification to reduce dependence on imports and on petroleum and LNG production.
There was little diversification in the types of funding sources.
It can be identified nowadays that the main trend of the sugarcane agro-industry is production diversification in the sugar mill, that is, the simultaneous production of food, biofuel, and electricity.
Product diversification nform Number of distinct product forms in the production line.
