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This paper, investigates causal relationships among agriculture, manufacturing and export in Tanzania by using time … variables out of three jointly cause the third one. There is also some evidence that manufacturing does not cause export and … agriculture. Regarding cointegration, pairwise agricultural GDP and export are cointegrated, export and manufacture are …
Persistent link: https://www.econbiz.de/10005744794
This paper examines the extent to which electricity supply constraints could affect sectoral specialization. For this purpose, an empirical trade model is estimated from 1990-2008 panel data on 15 OECD countries and 12 manufacturing sectors. We find that along with Ricardian technological...
Persistent link: https://www.econbiz.de/10010757628
As the success of East Asian countries has shown, labor-intensive industry is recognized to lead economic growth in the early stages of development, utilizing relatively low labor costs. This same growth process has already started in South and South East Asian LDCs since the mid-1990s. However,...
Persistent link: https://www.econbiz.de/10005744777