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Vertical Specialization with Heterogeneous Entrepreneurs: Can Trade Promote Industrialization of Developing Countries?

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Author Info
Chu, T.

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Abstract

This paper explores the theoretical link between trade liberalization and industrial development indeveloping economies. A two-country, three- good, and three-factor computable general equilibrium model is developed, which features a capital-intensive intermediate good, and a special factor of production, the entrepreneurial skill.

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Publisher Info
Paper provided by Minnesota - Center for Economic Research in its series Papers with number 310.

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Length: 27 pages
Date of creation: 2001
Date of revision:
Handle: RePEc:fth:minner:310

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Related research
Keywords: TRADE ; INDUSTRIALIZATION ; DEVELOPING COUNTRIES;

Find related papers by JEL classification:
O14 - Economic Development, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
F10 - International Economics - - Trade - - - General

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This page was last updated on 2009-11-20.

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