Suchergebnisse

Frontmatter -- CONTENTS -- TABLES AND FIGURES -- PREFACE AND ACKNOWLEDGMENTS -- Introduction -- 1. The Political Economy of Protection: An Interdisciplinary Literature Review -- 2. Searching for Chilean Trade Policy Cycles: "Openness" and Policies -- 3. International Trade, Structural Change, and Trade Policy Changes in Chile: Empirical Assessments -- 4. The Fall of Protection, 197 4-2000 -- 5. Summary of Findings, Future Research, and the Future of Chilean Trade Policy -- Appendix A. The Political Economy of Protectionism: A Review of the Economics Literature -- Appendix B. The Political Economy if Protectionism: A Review of the Political Science Literature -- Appendix C. Chronology of Trade and Economic Policy Changes in Chile, 1765-1970 -- Appendix D. Political Chronology if Chile, 1810-1939 -- Notes -- Bibliography -- Index

Las estrategias de desarrollo de America Latina han estado historicamente vinculadas en forma inextricable con la teoria y la politica de comercio. El autor sostiene aqui que el viejo argumento de la industria incipiente y el nuevo planteamiento del comercio estrategico son fundamentalmente similares. Entre sus semejanzas, ambos justifican la proteccion selectiva de ciertos sectores economicos. Despues de examinar los fundamentos teoricos de ambos argumentos, el ensayo concluye con un conjunto de observaciones y prescripciones respecto de las repercusiones economicas, politicas e institucionales que deben tenerse en cuenta al elaborar un plan de desarrollo estrategico viable y de largo plazo. (Revista de la CEPAL/DÜI)

This paper uses an instrumental variables approach to estimate the relationship between trade openness and economic growth in Sub‐Saharan Africa. Instrumental variables estimates show that economic growth has a significant negative contemporaneous effect on trade openness, while trade openness has a significant positive effect on economic growth. A 1 percentage point increase in the ratio of trade over GDP is associated with a short‐run increase in growth of approximately 0.5% in a given year; the cumulative long‐run effect on the level of GDP per capita is larger, reaching about 2%.