The Trade-Growth Nexus in Taiwan's Development
AbstractThis paper analyzes Taiwan's post-World War II development success as a consequence of the mutually beneficial interactions between its export performance and domestic growth. Not only does trade stimulate growth, but the reverse causality also holds true. Growth enhances trade performance by augmenting domestic response capapbilities to new export opportunities, and by stimulating previously dormant demands for goods and services, thereby creating a two-way linkage.
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Bibliographic InfoPaper provided by Yale - Economic Growth Center in its series Papers with number 758.
Length: 41 pages
Date of creation: 1996
Date of revision:
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Postal: U.S.A.; YALE UNIVERSITY, ECONOMIC GROWTH CENTER, YALE STATION NEW-HAVEN CONNECTICUT 06520 U.S.A
Phone: (203) 432-3610
Fax: (203) 432-3898
Web page: http://www.econ.yale.edu/~egcenter/
More information through EDIRC
TAIWAN; TRADE DEVELOPMENT; EXPORT DIVERSIFICATION; INDUSTRIALIZATION;
Find related papers by JEL classification:
- N65 - Economic History - - Manufacturing and Construction - - - Asia including Middle East
- O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
- O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
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