Verhoogen, Eric (2014) Growth through exports: should governments intervene? International Growth Centre Blog (14 Feb 2014). Website.
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Abstract
“A thriving export sector is, as the Commission on Growth and Development states, “a critical ingredient of high growth, especially in the early stages.” [1] There is microeconomic evidence to support this claim: recent research suggests that increases in exports lead firms to produce higher-quality products, pay higher wages, and adopt more advanced technologies.[2] There is also evidence that the sophistication of a country’s exports, where the sophistication of a product is measured by the average income of countries that produce the product, is positively correlated with countries’ future growth rates.[3] It appears that growth is closely associated with moving up the quality ladder within industries, and exporting more technology-intensive and capital-intensive, higher-value-added products.
| Item Type: | Online resource (Website) |
|---|---|
| Official URL: | http://www.theigc.org/ |
| Additional Information: | © 2014 The Author(s) |
| Divisions: | International Growth Centre |
| Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HF Commerce J Political Science > JC Political theory J Political Science > JF Political institutions (General) |
| Date Deposited: | 22 Jun 2017 10:10 |
| Last Modified: | 13 Sep 2024 23:44 |
| URI: | http://eprints.lse.ac.uk/id/eprint/82012 |
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