Exports and economic growth. The gains from reallocation in Korea.

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dc.contributor.author España, J.R.
dc.contributor.editor Universidad Carlos III de Madrid. Departamento de Economía
dc.date.accessioned 2008-08-22T09:34:52Z
dc.date.available 2008-08-22T09:34:52Z
dc.date.issued 1992-05
dc.identifier.issn 2340-5031
dc.identifier.uri http://hdl.handle.net/10016/2834
dc.description.abstract This paper presents some empirical evidence suggesting that promotion of manufactured exports can lead to accelerated rates of growth in a developing economy. Based on a two-sectoral model involving exports and non-exports, a method is developed to measure the gains obtained through a reallocation of resources from the domestic to the external sector. The benefits from continued export expansion are found to decline over time. Cointegration tests confirm the long-run character of the estimated relationships. A simulation based on a dynamic, optimal control model illustrates the growth effects of different shocks and policies affecting the Korean export sector.
dc.format.mimetype application/pdf
dc.language.iso eng
dc.relation.ispartofseries Working Papers
dc.relation.ispartofseries 1992-25
dc.rights Atribución-NoComercial-SinDerivadas 3.0 España
dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subject.other Export expansion
dc.subject.other Economic growth
dc.subject.other Rellocation gains
dc.subject.other Korea
dc.title Exports and economic growth. The gains from reallocation in Korea.
dc.type workingPaper
dc.subject.eciencia Economía
dc.rights.accessRights openAccess
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