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Industrialization and the Factor Content of Latin American Exports of Manufactures

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  • Londero, Elio

Abstract

This article shows that Latin American exports of manufactures that grow consistently over time arise from both traditional as well as policy induced sources of comparative advantage. Case studies for Argentina, Colombia and Venezuela show that manufactures originally developed for the domestic market were exported with consistent growth rates and came to represent an important proportion of total manufacturing exports. The study also shows that inter‐country differences in the factor content of these exports reflect both differences in original resource endowments as well as the effects of industrialisation policy.

Suggested Citation

  • Londero, Elio, 1995. "Industrialization and the Factor Content of Latin American Exports of Manufactures," MPRA Paper 85515, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:85515
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    File URL: https://mpra.ub.uni-muenchen.de/85515/1/MPRA_paper_85515.pdf
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    References listed on IDEAS

    as
    1. Elio H Londero, 2004. "Preparing Relative Intensity Triangles," International Trade 0407008, University Library of Munich, Germany.
    2. José Antonio Ocampo, 1989. "Efectos de la liberación y del control de importaciones sobre la industria manufacturera colombiana, 1976 - 1986," Coyuntura Económica, Fedesarrollo, vol. 19(1), pages 121-151, March.
    3. Leamer, Edward E, 1987. "Paths of Development in the Three-Factor, n-Good General Equilibrium Model," Journal of Political Economy, University of Chicago Press, vol. 95(5), pages 961-999, October.
    4. Teitel, Simon & Thoumi, Francisco E, 1986. "From Import Substitution to Exports: The Manufacturing Exports Experience of Argentina and Brazil," Economic Development and Cultural Change, University of Chicago Press, vol. 34(3), pages 455-490, April.
    5. Simón Teitel, 1989. "Industrialisation, Primary Commodities and Exports of Manufactures," International Economic Association Series, in: Nurul Islam (ed.), The Balance between Industry and Agriculture in Economic Development, chapter 13, pages 315-341, Palgrave Macmillan.
    6. Teitel, Simon, 1976. "Labor homogeneity, skill intensity and factor reversals - an international comparison," Journal of Development Economics, Elsevier, vol. 3(4), pages 355-366, December.
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    Cited by:

    1. Elio Londero, 2001. "Primary-input intensities under alternative measures of rent content," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 10(4), pages 429-450.
    2. Elio Londero, 2001. "The alleged countercyclical nature of Argentina's exports of manufactures," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 10(2), pages 151-173.
    3. Owens, Trudy & Wood, Adrian, 1997. "Export-oriented industrialization through primary processing?," World Development, Elsevier, vol. 25(9), pages 1453-1470, September.
    4. Charles Becker & Terry-Ann Craigie, 2007. "W. Arthur Lewis in Retrospect," The Review of Black Political Economy, Springer;National Economic Association, vol. 34(3), pages 187-216, December.
    5. Londero, Elio, 1999. "Alternative Measures of Rent Content," MPRA Paper 85339, University Library of Munich, Germany.
    6. Marta Reis Castilho, 2004. "Integração Regional e Conteúdo de Trabalho do Comércio Exterior Brasileiro," Discussion Papers 1028, Instituto de Pesquisa Econômica Aplicada - IPEA.
    7. Patrick Belser, 1998. "¿Depende el desempleo en América Latina y el Caribe de las normas laborales de Asia?," Research Department Publications 4133, Inter-American Development Bank, Research Department.
    8. Patrick Belser, 1998. "Does Latin American and Caribbean Unemployment Depend on Asian Labor Standards?," Research Department Publications 4132, Inter-American Development Bank, Research Department.

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    More about this item

    Keywords

    industrialization; exports; manufactures; factor content; learning; industrial policy;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy

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