Institutions, Market Power and the Big Push: the Case of Agro-Exports in Northern Honduras

Catherine de Fontenay

Working Papers from New South Wales - School of Economics

Abstract: This paper examines the implementation of a Big Push policy in Northern Honduras. Big Push theory emphasizes that pro-active development policy could potentially lead to a Pareto-superior equilibrium. Market forces may not lead to the adoption of increasing-returns production processes, if spillovers between processes imply that the processes must be adopted in a coordinated fashion.

Keywords: ECONOMIC DEVELOPMENT; MARKET STRUCTURE; AGRICULTURE (search for similar items in EconPapers)
JEL-codes: D40 O13 Q10 (search for similar items in EconPapers)
Pages: 59 pages
Date: 1999
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:fth:nesowa:99/11

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