Economics at your fingertips  

Trade Policy, Foreign Direct Investment, and Convergence

Kyriaki Silvestriadou and Vudayagiri Balasubramanyam

Review of Development Economics, 2000, vol. 4, issue 3, 279-91

Abstract: This paper examines the hypothesis that countries which pursue export-promoting (EP) policies are much more likely to converge than countries which pursue import-substituting (IS) policies. The hypothesis is tested statistically in the context of a sample of developing countries that have in the recent past pursued inward-looking or outward-looking or export-promotion (EP) policies. The empirical evidence supports the hypothesis EP countries converge at approximately 1.9% per annum, while IS countries converge at approximately 0.9% per annum. Copyright 2000 by Blackwell Publishing Ltd

Date: 2000
References: Add references at CitEc
Citations: View citations in EconPapers (7) Track citations by RSS feed

Downloads: (external link) ... &year=2000&part=null link to full text (text/html)
Access to full text is restricted to subscribers.

Related works:
Journal Article: Trade Policy, Foreign Direct Investment, and Convergence (2000) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=1363-6669

Access Statistics for this article

Review of Development Economics is currently edited by E. Kwan Choi

More articles in Review of Development Economics from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().

Page updated 2020-03-29
Handle: RePEc:bla:rdevec:v:4:y:2000:i:3:p:279-91