Actions for Trade and Industrialization in Developing Agricultural Economies [electronic resource]

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Trade and Industrialization in Developing Agricultural Economies [electronic resource]

Author
Vamvakidis, Athanasios
Published
Washington : International Monetary Fund Oct. 1999
Additional Creators
Dodzin, Sergei
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Summary
Annotation This paper examines the impact of international trade on industrialization in developing agricultural economies. the findings show that developing agricultural economies that increased their openness during 1970-95 experienced an increase in their share of industrial production at the expense of agricultural production. This is in contrast to what many policymakers in these economies have often argued when trying to promote industrialization by restricting trade. the paper presents an infant industry model with learning effects from imports of manufacturing products that is consistent with the supporting empirical results.
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ISBN
9781451901658
1451901658 (E-Book)
View MARC record | catkey: 15225670