Bandyopadhyay, Subhayu; Munemo, Jonathan - In: International Journal of Business and Economics 5 (2006) 1, pp. 29-40
Sub-Saharan Africa (SSA) is highly dependent on imported capital goods that are used in the import competing industrialized sector. The exporting sector focuses on primary products where land and labor are predominantly used. We build a two-good general equilibrium model, where the import...