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Models for Analyzing Comparative Advantage (Advanced Studies in Theoretical and Applied Econometrics)

David Andrew Kendrick




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 | #4419469 in eBooks |  2012-12-06 |  2012-12-06 | File type: PDF

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Recent economic history suggests that a key element in economic growth and development for many countries has been an aggressive export policy and a complementary import policy. Such policies can be very effective provided that resources are used wisely to encourage exports from industries that can be com­ petitive in the international arena. Also, import protection must be used carefully so that it encourages infant industries instead of providing rents to industrie...

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