Capital Intensity and Export Propensity in Some Latin American
AbstractThis paper tests an eclectic theory of the relationship of choice of factor proportions to foreign ownershi p, export propensity, and level of development, using a sample of fir ms in several industries from four areas of Latin America. In eclecti c technology theory, provided that foreign ownership is a positive de terminant of capital intensity, higher export propensity by transnati onal firms is, ceteris paribus, a cause of lower capital intensity. M ore "appropriate" technology and the associated employment benefits will tend to follow from a policy of encouraging entry of exporter f irms and promoting international competition. Copyright 1987 by Blackwell Publishing Ltd
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Bibliographic InfoArticle provided by Department of Economics, University of Oxford in its journal Oxford Bulletin of Economics & Statistics.
Volume (Year): 49 (1987)
Issue (Month): 2 (May)
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- Yan Chen & Wen-Chung Hsu & Chengqi Wang, 2012. "Effects of outward FDI on home-country export competitiveness: The role of location and industry heterogeneity," Journal of Chinese Economic and Foreign Trade Studies, Emerald Group Publishing, vol. 5(1), pages 56-73, February.
- Fischer, Bernhard & Herken-Krauer, Juan-Carlos & Lücke, Matthias & Nunnenkamp, Peter, 1988. "Capital-intensive industries in newly industrializing countries : the case of the Brazilian automobile and steel industries," Open Access Publications from Kiel Institute for the World Economy 411, Kiel Institute for the World Economy (IfW).
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