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Competitividad, rendimientos crecientes y comercio intra-industrial en la manufactura peruana, 1970-1995

Félix Jiménez, Giovanna Aguilar Andía () and Javier Kapsoli ()

No 1998-153, Documentos de Trabajo / Working Papers from Departamento de Economía - Pontificia Universidad Católica del Perú

Abstract: This essay pretends to show, on the one hand, that the gains of competition are concentrated only on industrial branches with statistically significant increasing returns to scale and, on the other hand, that the significance of intra-industrial trade has been reduced during the last years. The empirical test is done by the use of a model which permits identify the kind of returns to scale existent in each of the 32 industrial branches of the manufacturing sector. Moreover, the econometrics estimation of the model makes it possible to test the importance of the demand factors to explain the trend and the dynamics of growth and capital accumulation in the manufacturing sector.

Pages: 40 pages
Date: 1998
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