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This study re-assesses the most popular development policy of the 20th century, import substitution industrialization … industrialization rent and the rent capture remained low and diminished over time. The real problem was the endogenous imbalance of rent …
Persistent link: https://www.econbiz.de/10013062009
Different bodies of literature emphasise the separate impact of the manufacturing sector and scientific capacity for competitiveness in developing countries. Scientific knowledge can increase productivity and promote innovation, while the manufacturing sector creates spillovers and generates...
Persistent link: https://www.econbiz.de/10012838055
A two country, three sector hybrid model of structural change with distortionary government policies is used to … quantify the impact of international trade and trade reform for industrialization. The model features Arming- ton motivated … subsidies and lump sum government transfers of net tariff revenue. We calibrate our economy to data on South Korea and the OECD …
Persistent link: https://www.econbiz.de/10011258875
policy in trade and industrialization for targeting industries and firms and provides a brief historical review of practices …
Persistent link: https://www.econbiz.de/10005014719
welfare benefits for Colombia, cost the Colombian government $633 million in tariff revenue, and force Colombia to deregulate …
Persistent link: https://www.econbiz.de/10010691873
America now advocates the path of free markets to industrialization. However, a cursory look into its developmental …
Persistent link: https://www.econbiz.de/10005026622
We investigate the long-term effects of export opportunities to a large destination market on multinational affiliates and domestic firms in a low-income host country. The US-Vietnam Bilateral Trade Agreement reduced US import tariffs on exports from Vietnam. Tariff reductions led to entry...
Persistent link: https://www.econbiz.de/10013473693
We investigate the long-term effects of export opportunities to a large destination market on multinational affiliates and domestic firms in a low-income host country. The US-Vietnam Bilateral Trade Agreement reduced US import tariffs on exports from Vietnam. Tariff reductions led to entry...
Persistent link: https://www.econbiz.de/10014290078
There is a stark contrast between the ambitious investment promotion efforts of many least developed countries (LDCs) and their often minimal commitments under the General Agreement on Trade in Service (GATS). At a time of urgent need to address domestic infrastructure and investment gaps, this...
Persistent link: https://www.econbiz.de/10009011779
wages suffer.The host government might have an incentive to attract foreign direct investment even when technology transfer …
Persistent link: https://www.econbiz.de/10012749356