The decline of an export industry, or the growth of Peruvian sugar consumption in the long run

In: The journal of development studies: JDS, Band 21, Heft 2, S. 253-281

Abstract

Growth of domestic consumption of agricultural exportables is a neglected aspect of LDCs' long-run primary export performance. Price and income elasticities of local demand for specific exportables vary with economic development. The Peruvian sugar industry was chosen to illustrate why and how changes occur