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This essay is concerned with the performance of Peruvian manufacturing industry and manufacturing trade, during the 1950-1996 period. This period comprehends the years of import substitution industrialization, the long economic stagnation of 1976-1990, and the recent years of trade...
Persistent link: https://www.econbiz.de/10008525404
This paper is concerned with competition in the peruvian manufacturing industry. A simple model of competition is estimated in order to evaluate the influence of productivity changes and relative labor costs. With this purpose an index of competition was constructed for 32 industrial branches,...
Persistent link: https://www.econbiz.de/10008525412
This essay pretends to show, on the one hand, that the gains of competition are concentrated only on industrial branches with statistically significant increasing returns to scale and, on the other hand, that the significance of intra-industrial trade has been reduced during the last years. The...
Persistent link: https://www.econbiz.de/10008525418
What kind of forces concentrate industry in the biggest cities? First, using Krugman’s model we illustrate the impact of transport costs in the decision to install a plant in a relatively small city. Then, we introduce the impact of productivity to show that productivity differences would have...
Persistent link: https://www.econbiz.de/10008525416
We first use the Scottish debate to show a non-Ricardian way of approaching the problem of inter-national economic relations distinguishing between the effects of an once-and-for-all opening of previously closed markets and a long-term process of interaction including technical change, relative...
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