This study investigates the relation between trade liberalization and industrial development in Nigeria. Adopted in the study is the human capital model of endogenous growth with modifications for trade liberalization within the Nigerian context. In the empirical investigation, co-integration...

This paper examines the effects of trade liberalization on industrial development in Latin America. It suggests that there may be a tradeoff between static (X-efficiency, allocative efficiency) and dynamic efficiency effects, in particular, for countries that do not have a developed industrial...