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This paper discusses the effects of the real exchange rate (RER, defined as the price of the foreign currency in units of the domestic currency, adjusted by price levels) on the diversification and technological intensity of the export structure. Based on a North-South Ricardian model of trade...
Persistent link: https://www.econbiz.de/10010751447
This paper aims at building bridges between evolutionary microeconomics and the structuralist theory of economic development, trying to combine both approaches in a systematic way. It is suggested that reducing the technology gap requires persistent supply side efforts for adapting and improving...
Persistent link: https://www.econbiz.de/10008603427