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This paper discusses the implications on sector growth within the context of a specialization model based on factor endowment. The empirical literature is examined, which reveals that the only way for the economy to alter its specialization patterns toward the production of goods that are...
Persistent link: https://www.econbiz.de/10005435794
This paper addresses three main questions; how can a country specialized in primary goods become an exporter of manufacturing goods? How does factor abundance affect the possibilities of achieving comparative advantages in manufactures? Does the type of natural resource abundance make any...
Persistent link: https://www.econbiz.de/10005538771
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This paper analyzes the evolution of firm productivity in the Chilean manufacturing industry, during the post trade reform period (1979-1994). Changes in productivity for each sector are defined as technological changes and variation in technical efficiency. The econometric technique applied is...
Persistent link: https://www.econbiz.de/10008616822
In this paper, we analyze the changes in the Chilean economy specialization patterns mainly in the period of fastest economic growth and taking into account its relative abundance of productive factors. There are three important findings in this paper that are relevant for natural resources...
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