An Appraisal of the Import Substitution Strategy from a Structural Economic Dynamic Approach

Ricardo Araujo and Joanílio Teixeira ()

No 331, Working papers - Textos para Discussao do Departamento de Economia da Universidade de Brasilia from Departamento de Economia da Universidade de Brasilia

Abstract: This paper seeks to establish that a Structural Economic Dynamic (SED) approach toward understanding technological gaps offers a superior method relative to the Import Substitution Strategy (ISS). It is argued that the ISS approach fails to account for the role of demand and hence, the structural dynamics of underdeveloped economies, when considering the role of technological progress. Argued as relatively superior to the ISS, the SED approach considers the evolution of preferences as a variable driving change, shedding new light on main channels of North-South interdependence.

Keywords: Structural Economic Dynamics; Uneven Development; Import Substitution Strategy; Technical Progress; Engel’s Law (search for similar items in EconPapers)
JEL-codes: F12 O19 (search for similar items in EconPapers)
Pages: 28 pages
Date: 2010-11
References: Add references at CitEc
Citations:

Downloads: (external link)
http://e-groups.unb.br/face/eco/textos/didaticos/WP%20331.pdf First version, 2010 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to e-groups.unb.br:80 (No such host is known. )

Related works:
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: https://EconPapers.repec.org/RePEc:brs:wpaper:331

Access Statistics for this paper

More papers in Working papers - Textos para Discussao do Departamento de Economia da Universidade de Brasilia from Departamento de Economia da Universidade de Brasilia Universidade de Brasília UnB - Campus Universitário Darcy Ribeiro Asa Norte CEP 70910-900, Brasília, Brasil. Contact information at EDIRC.
Bibliographic data for series maintained by Luciano Póvoa ( this e-mail address is bad, please contact ).