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“Export Experience” under Borrowing Constraints

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  • Saqib Jafarey
  • Sajal Lahiri

Abstract

The paper develops a two‐period, two‐country, multigood model with endogenous investment. Borrowing is subject to quantitative restrictions. The authors examine the effect of promoting exports in period 1 on the level of exports in period 2. They consider a number of scenarios depending on how the initial values of the policy instruments are determined, and compare the “export‐experience” effects under the different scenarios.

Suggested Citation

  • Saqib Jafarey & Sajal Lahiri, 2004. "“Export Experience” under Borrowing Constraints," Review of International Economics, Wiley Blackwell, vol. 12(5), pages 844-854, November.
  • Handle: RePEc:bla:reviec:v:12:y:2004:i:5:p:844-854
    DOI: 10.1111/j.1467-9396.2004.00485.x
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    1. Haddad, Mona, 1993. "How trade liberalization affected productivity in Morocco," Policy Research Working Paper Series 1096, The World Bank.
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