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Institutions, Market Power and the Big Push: the Case of Agro-Exports in Northern Honduras

Author

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  • de Fontenay, C.

Abstract

This paper examines the implementation of a Big Push policy in Northern Honduras. Big Push theory emphasizes that pro-active development policy could potentially lead to a Pareto-superior equilibrium. Market forces may not lead to the adoption of increasing-returns production processes, if spillovers between processes imply that the processes must be adopted in a coordinated fashion.

Suggested Citation

  • de Fontenay, C., 1999. "Institutions, Market Power and the Big Push: the Case of Agro-Exports in Northern Honduras," Papers 99/11, New South Wales - School of Economics.
    • Handle: RePEc:fth:nesowa:99/11
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    Cited by:

    1. de Fontenay, Catherine C., 2004. "The dual role of market power in the Big Push: from evidence to theory," Journal of Development Economics, Elsevier, vol. 75(1), pages 221-238, October.

    More about this item

    Keywords

    ECONOMIC DEVELOPMENT ; MARKET STRUCTURE ; AGRICULTURE;
    All these keywords.

    JEL classification:

    • D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q10 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - General

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