IDEAS home Printed from https://ideas.repec.org/p/unc/dispap/122.html
   My bibliography  Save this paper

Implications Of New Trade And Endogenous Growth Theories For Diversification Policies Of Commodity-Dependent Countries

Author

Listed:
  • Jörg MAYER

Abstract

New trade and endogenous growth theories are discussed, and their findings taken to interpret technological innovation and human-capital accumulation as being the engines of structural diversification. Structural diversification is seen as being the result of dynamic learning sequences, where introducing new technology provides learning-by-doing benefits which, however, peter out once activities associated with the new technology have been repeated many times; new and more sophisticated technology is needed to continue reaping learning effects. Diversification policy should encourage skill-upgrading, for example by refocusing education policy and fostering the production of products that are one step higher on the skill ladder than those presently produced, independently of whether those products are considered commodities or manufactures in common product classifications. Associated policy actions for technology development and human capital accumulation are outlined.

Suggested Citation

  • Jörg MAYER, 1996. "Implications Of New Trade And Endogenous Growth Theories For Diversification Policies Of Commodity-Dependent Countries," UNCTAD Discussion Papers 122, United Nations Conference on Trade and Development.
    • Handle: RePEc:unc:dispap:122
    as

    Download full text from publisher

    File URL: https://unctad.org/system/files/official-document/dp_122.en.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Rodrik, Dani, 1994. "King Kong Meets Godzilla: The World Bank and The East Asian Miracle," CEPR Discussion Papers 944, C.E.P.R. Discussion Papers.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Petrit Gashi, 2014. "Human Capital and Export Decisions: The Case of Small and Medium Enterprises in Kosovo," Croatian Economic Survey, The Institute of Economics, Zagreb, vol. 16(2), pages 91-120, December.
    2. Maria Tsiapa, 2014. "Industrial Concentration Patterns of the European Union," SCIENZE REGIONALI, FrancoAngeli Editore, vol. 2014(3), pages 5-33.
    3. Ndambendia, Houdou, 2014. "Exports diversification and knowledge sharing from south-south and south-north economic cooperation: evidence from the Central and West Africa," MPRA Paper 71571, University Library of Munich, Germany, revised 2015.
    4. Jean-Raphael Chaponniere & Jean-Pierre Cling, 2009. "Vietnam's Export-Led Growth Model and Competition with China," Economie Internationale, CEPII research center, issue 118, pages 101-130.
    5. Reinhardt, Nola, 2000. "Back to Basics in Malaysia and Thailand: The Role of Resource-Based Exports in Their Export-Led Growth," World Development, Elsevier, vol. 28(1), pages 57-77, January.
    6. NAPO, Fousséni & ADJANDE, Ali Awountchou, 2019. "Diversification des exportations, investissements directs étrangers et croissance économique en Afrique Subsaharienne [Export diversification, foreign direct investment and economic growth in Sub-S," MPRA Paper 95602, University Library of Munich, Germany, revised 08 Jun 2019.
    7. Gnangnon, Kimm & Moser, Constance Besse, 2014. "Intellectual property rights protection and export diversification: The application of utility model laws," WTO Staff Working Papers ERSD-2014-19, World Trade Organization (WTO), Economic Research and Statistics Division.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jan Fagerberg & Bengt-Åke Lundvall & Martin Srholec, 2018. "Global Value Chains, National Innovation Systems and Economic Development," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 30(3), pages 533-556, July.
    2. Jun, Bogang & Hwang, Won-Sik, 2012. "Financial Hurdles for Human Capital Accumulation: Revisiting the Galor-Zeira Model," MPRA Paper 46317, University Library of Munich, Germany.
    3. Paus, Eva, 1995. "Exports, economic growth and the consolidation of peace in El Salvador," World Development, Elsevier, vol. 23(12), pages 2173-2193, December.
    4. Carter, Michael & Morrow, John, 2014. "The political economy of inclusive rural growth," LSE Research Online Documents on Economics 60268, London School of Economics and Political Science, LSE Library.
    5. Marcus Noland & Howard Pack, 2005. "The East Asian Industrial Policy Experience: Implications for the Middle East," Working Paper Series WP05-14, Peterson Institute for International Economics.
    6. Jan Fagerberg, 1999. "Technology, Policy, Growth - Theory, Evidence and Interpretation," Nordic Journal of Political Economy, Nordic Journal of Political Economy, vol. 25, pages 5-14.
    7. Charles Harvie & Hyun-Hoon Lee, 2003. "New Regionalism in East Asia: How Does It Relate to the East Asian Economic Development Model?," Palgrave Macmillan Books, in: Tran Hoa & Charles Harvie (ed.), New Asian Regionalism, chapter 4, pages 40-71, Palgrave Macmillan.
    8. Diaz-Bautista, Alejandro, 2002. "The role of telecommunications infrastructure and human capital: Mexico´s economic growth and convergence," ERSA conference papers ersa02p102, European Regional Science Association.
    9. Frances Stewart, "undated". "Adjustment and Poverty in Asia: Old Solutions and New Problems -," QEH Working Papers qehwps20, Queen Elizabeth House, University of Oxford.
    10. Redding, Stephen & Venables, Anthony J., 2003. "South-East Asian export performance: external market access and internal supply capacity," Journal of the Japanese and International Economies, Elsevier, vol. 17(4), pages 404-431, December.
    11. Martin Ravallion, 2013. "The Idea of Antipoverty Policy," NBER Working Papers 19210, National Bureau of Economic Research, Inc.
    12. Simeon Coleman & Juan Carlos Cuestas & Estefanía Mourelle, 2011. "Investigating the oil price-exchange rate nexus: Evidence from Africa," Working Papers 2011015, The University of Sheffield, Department of Economics, revised May 2011.
    13. David E. Bloom & Waseen Noor, 1995. "Is an Integrated Regional Labor Market Emergin in East and Southeast Asia?," NBER Working Papers 5174, National Bureau of Economic Research, Inc.
    14. Norman Gemmell & Joey Au, 2013. "Government size, fiscal policy and the level and growth of output: a review of recent evidence," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 18(2), pages 203-229.
    15. repec:esx:essedp:764 is not listed on IDEAS
    16. Schweickert, Rainer & Thiele, Rainer, 2004. "From Washington to post-Washington? Consensus policies and divergent developments in Latin America and Asia," Kiel Discussion Papers 408, Kiel Institute for the World Economy (IfW Kiel).
    17. Susumu Watanabe, 1997. "Quo vadis Africa ? La stratégie de développement de la Banque mondiale vue par le Japon," Revue Tiers Monde, Programme National Persée, vol. 38(150), pages 311-330.
    18. Rock, Michael T., 1996. "Pollution intensity of GDP and trade policy: Can the World Bank be wrong?," World Development, Elsevier, vol. 24(3), pages 471-479, March.
    19. Boyce, James K., 1995. "Adjustment toward peace: An introduction," World Development, Elsevier, vol. 23(12), pages 2067-2077, December.
    20. Dani Rodrik, 1994. "Getting Interventions Right: How South Korea and Taiwan Grew Rich," NBER Working Papers 4964, National Bureau of Economic Research, Inc.
    21. David E. BLOOM & Jocelyn E. FINLAY, 2009. "Demographic Change and Economic Growth in Asia," Asian Economic Policy Review, Japan Center for Economic Research, vol. 4(1), pages 45-64, June.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:unc:dispap:122. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joerg Mayer (email available below). General contact details of provider: https://edirc.repec.org/data/unctach.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.