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Japanese exports between 1880 and 1910 increased massively in volume, changed composition, and shifted away from leading industrialized countries toward poorer Asian neighbors. The product mix also varied with the level of development of the destination, with new products and specializations...
Persistent link: https://www.econbiz.de/10012455200
This paper deals with the role of trade regimes in determining economic performance and growth in the developing countries. The policy and empirical literatures on trade orientation and economic growth are critically reviewed; it is argued that a key limitation of these works has been the...
Persistent link: https://www.econbiz.de/10012476146
Classic Big Push industrialization envisions state planners coordinating economic activity to internalize a range of …
Persistent link: https://www.econbiz.de/10012461788
This paper assesses the empirical relevance of "dynamic" factors in industrialization in developing countries. Using …
Persistent link: https://www.econbiz.de/10012478603
The positive correlation between import tariffs and economic growth across countries in the late nineteenth century suggests that tariffs may have played a causal role in promoting growth. This paper seeks to determine if high tariffs stimulated growth by shifting resources out of agriculture...
Persistent link: https://www.econbiz.de/10012469964
From the 1930s to the 1980s, economic policies in Latin America epitomized the inward-looking model of development. The model emerged in the Depression, and was later codified in unorthodox economic theories. Even though economic performance was seen as disappointing by the 1960s, the...
Persistent link: https://www.econbiz.de/10012473432
Persistent link: https://www.econbiz.de/10000334584
We propose a short-run model of the extensive margin of trade and deploy it to distinguish and quantify domestic and cross-border margins. Our empirical focus is on the domestic extensive margin of trade (domestic distribution of a product) and its importance for quantifying policy and...
Persistent link: https://www.econbiz.de/10012482495
Starting with Romer [1987] and Rivera-Batiz-Romer [1991] economists have been able to model how trade enhances growth through the creation and import of new varieties. In this framework, international trade increases economic output through two channels. First, trade raises productivity levels...
Persistent link: https://www.econbiz.de/10012466154
This paper examines the relative "sophistication" of China's exports to the United States along two dimensions. First, I compare China's export bundle to those of the relatively skill- and capital-abundant members of the OECD as well as to similarly endowed U.S. trading partners. Second, I...
Persistent link: https://www.econbiz.de/10012466496