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This study revisits the theory of Friedrich List from a more comprehensive and modernized perspective and applies it to the Korean history of industrialization. Although List is well known as the scholar who insisted on the protection of infant industry, his argument on protectionism is a part...
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In this paper, we analyse Friedrich List's contribution to the modern theory of economic development. We argue that Friedrich List saw economic development as a combination of a sectorial division of labour (following Adam Smith, 1776) and a geographical division of labour across regions and...
Persistent link: https://www.econbiz.de/10011400420
This study contributes to economic knowledge by recovering the system of economic philosophy and theory developed by the 19th century American Protectionists. The account provided in this thesis is comprehensive and covers all major aspects of their theoretical system. Put simply, this study...
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The goal of this article is twofold. It examines how Friedrich List’s interpretation of the economic dynamics of “tropical” countries (countries located in tropical climates) as nonindustrial exporters of primary commodities fits in his analytical framework and accords with his emphasis on...
Persistent link: https://www.econbiz.de/10010723512
In this paper, we develop a Listian model of economic development. The economy consists of a primary sector and a potential industrial sector that can arise via industrialization. Industrialization however depends on if the primary sector specializes on the primary product, which can lead to a...
Persistent link: https://www.econbiz.de/10011194292
In this paper, we analyse Friedrich List's contribution to the modern theory of economic development. We argue that Friedrich List saw economic development as a combination of a sectorial division of labour (following Adam Smith, 1776) and a geographical division of labour across regions and...
Persistent link: https://www.econbiz.de/10011484446