Murshed, Syed Mansoob; Serino, Leandro Antonio - In: Structural Change and Economic Dynamics 22 (2011) 2, pp. 151-161
This paper explores the relation between countries' pattern of trade specialization and long-term economic growth. It shows that countries specializing in the export of natural resource based products only fail to grow if they do not succeed in diversifying their economies and export structure....