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The costs of import substitution (IS) as a strategy for industrialization, which was deemed synonymous with economic development by many development economists of the fifties and sixties, were shown to be substantial in the influential and nuanced studies of the seventies and eighties under the...
Persistent link: https://www.econbiz.de/10011609050
This paper investigates how economies of scope in multi-product firms interact with comparative advantage in determining the effect of trade liberalization on resource reallocation, using Belgian manufacturing firm- and firm-product-level data over the period 1997-2007. We first provide evidence...
Persistent link: https://www.econbiz.de/10013111981
Persistent link: https://www.econbiz.de/10009422725
This paper investigates how economies of scope in multi-product firms interact with comparative advantage in determining the effect of trade liberalisation on resource reallocation, using Belgian manufacturing firm- and firm-product-level data over the period 1997-2007. We first provide evidence...
Persistent link: https://www.econbiz.de/10011596263
This study assesses the impact of trade openness on economic growth among ECOWAS countries using secondary data from 1975 to 2017. The study uses non-stationary heterogeneous dynamic panel models through the application of Pooled Mean Group (PMG) and Mean Group (MG) estimators since time...
Persistent link: https://www.econbiz.de/10012178355
Using data covering the period from 1983 to 2019, we apply the autoregressive distributed lag (ARDL) bound testing approach to investigate whether trade openness has spurred economic growth in Uganda. The extant literature shows that trade openness increases economic growth, but this empirical...
Persistent link: https://www.econbiz.de/10013184444
Starting from the premise that productivity is heterogeneous across firms, Melitz (2003) explains why individual … productivity is key in determining the capability of a firm to export. In this paper we build a model along Melitz's lines to show … international markets. We show that firms with low productivity may still be able to penetrate foreign markets provided they have …
Persistent link: https://www.econbiz.de/10011492068
This paper uses firm-level data for Mexican exporters to understand how firm-level export decisions shape a country's aggregate exports. The data allows for a characterization of both the crosssectional distribution of Mexican exports, across destinations and across exporting firms, and of the...
Persistent link: https://www.econbiz.de/10012166191
extension of our approach to multivariate diffusions, in which one can permit innovations to productivity to be transmitted …
Persistent link: https://www.econbiz.de/10013009768
Persistent link: https://www.econbiz.de/10001217872