Import Compression and Export Performance in Developing Countries
In recent years, many developing countries have had to compress imports to generate trade surpluses to service foreign debt. However, since imports of intermed iate and capital goods are critical inputs in export production, impo rt compression can adversely affect export performance. In turn, slow er export growth limits foreign exchange availability, inducing furth er import compressions. This paper develops a model that incorporates feedbacks between imports and exports arising from the effects of im port compression on exports, and of the availability of foreign excha nge on imports. Estimates of the model for a sample of thirty-four de veloping countries confirm both hypotheses. Copyright 1988 by MIT Press.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 70 (1988)
Issue (Month): 2 (May)
|Contact details of provider:|| Web page: http://mitpress.mit.edu/journals/|
|Order Information:||Web: http://mitpress.mit.edu/journal-home.tcl?issn=00346535|
When requesting a correction, please mention this item's handle: RePEc:tpr:restat:v:70:y:1988:i:2:p:315-21. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Kristin Waites)
If references are entirely missing, you can add them using this form.