relative to the growing level of import intensity of domestically produced export goods and services. This article analyses the … direct and indirect employment effects induced both by exports as well as by of the import intensity of the production …

article first explains why private incentives do not generally lead to an optimal diversification of supply sources, and then … policies that further disincentivise diversification such as the ex post skimming of excess profits when adverse shocks force … the halt of production and should work on framework conditions that facilitate diversification. Importantly, most measures …