mirage

Recent Evidence on Private Sector Capabilities, Trade Liberalization, Foreign Direct Investment, and Deregulation Are Not Enough

LACER-LACEA/Manakin Repository

Show simple item record

dc.contributor.author Olarreaga, Marcelo
dc.contributor.author Lederman, Daniel
dc.date.accessioned 2012-06-15T20:21:10Z
dc.date.available 2012-06-15T20:21:10Z
dc.date.issued 2006-06
dc.identifier.uri http://hdl.handle.net/10986/8204
dc.description.abstract This paper summarizes new empirical findings concerning the magnitude of market failures affecting industrial performance and innovation, firm dynamics after economic policy reforms, and the effectiveness of popular government interventions designed to promote exports and foreign direct investment (FDI). Regarding the effectiveness of public subsidies and targeted services, new evidence suggests that innovation policies targeting both patentable and non-patentable innovations, might yield higher returns in terms of innovative activity if they are broadly diversified across products within broad industrial categories, and revealed comparative advantage by itself provides little guidance as to what these innovative sectors might be. In general, efforts to promote exports and FDI seem to be effective on their own terms when the returns to public expenditures in these areas are measured by their effects on the value of exports and FDI inflows. However, there is significant heterogeneity both across regions and across types of expenditures. Overall, the recent research suggests that trade reforms and deregulation are not enough to sustain long-term development. en
dc.language English
dc.language.iso en_US
dc.publisher World Bank, Washington, DC
dc.rights CC BY 3.0 IGO
dc.rights.uri http://creativecommons.org/licenses/by/3.0/igo/
dc.subject DEREGULATION
dc.subject ECONOMIC POLICY
dc.subject BARGAINING POWER
dc.subject INVISIBLE HAND
dc.subject LOCAL MARKET
dc.subject TRADE DATA
dc.subject BENEFICIARY
dc.subject MARKET RESEARCH
dc.subject EXPENDITURES
dc.subject EXPORT PRICES
dc.subject SAFETY
dc.subject PRODUCTIVITY
dc.subject BENEFICIARIES
dc.subject INTERMEDIATE INPUTS
dc.subject BARGAINING
dc.subject EXPORTERS
dc.subject WORLD MARKET
dc.subject TRADE POLICY
dc.subject PRIVATE INVESTMENT
dc.subject BARRIERS TO ENTRY
dc.subject WORLD TRADING SYSTEM
dc.subject RULES OF ORIGIN
dc.subject KNOWLEDGE SPILLOVERS
dc.subject MARKET ACCESS
dc.subject BRANDS
dc.subject LABOR FORCE
dc.subject DEVELOPING COUNTRIES
dc.subject FOREIGN DIRECT INVESTMENT
dc.subject GLOBAL MARKETS
dc.subject PROCESS OF ADJUSTMENT
dc.subject INDUSTRIAL ECONOMICS
dc.subject CONSUMER GOODS
dc.subject ECONOMIC VOLATILITY
dc.subject ECONOMIC GROWTH
dc.subject INVESTMENT REGIME
dc.subject SUPPLIERS
dc.subject INDUSTRIAL RESTRUCTURING
dc.subject PRICE ADVANTAGES
dc.subject TRANSACTIONS COSTS
dc.subject TRADE FLOWS
dc.subject PRICE INCREASES
dc.subject FUTURE MARKETS
dc.subject OPEN ECONOMIES
dc.subject SAFETY STANDARDS
dc.subject TRADING SYSTEM
dc.subject APPAREL INDUSTRY
dc.subject TAXATION
dc.subject ECONOMETRIC ESTIMATES
dc.subject DEVELOPMENT ECONOMICS
dc.subject VOLATILITY
dc.subject GOVERNMENT INTERVENTION
dc.subject PREFERENTIAL MARKET ACCESS
dc.subject PRODUCTION COSTS
dc.subject WAGES
dc.subject SPREAD
dc.subject APPAREL PREFERENCES
dc.subject COMPETITIVENESS
dc.subject MARKET FAILURES
dc.subject AGRICULTURE
dc.subject TRADE REFORMS
dc.subject DATA QUALITY
dc.subject APPAREL INDUSTRIES
dc.subject EXPENDITURE
dc.subject EXPORT GROWTH
dc.subject SUBSTITUTES
dc.subject APPAREL EXPORTS
dc.subject INNOVATION
dc.subject FREE TRADE AGREEMENTS
dc.subject GOVERNMENT SUPPORT
dc.subject ASYMMETRIC INFORMATION
dc.subject COORDINATION FAILURE
dc.subject INTERNATIONAL TRADE
dc.subject INNOVATIONS
dc.subject PRODUCT QUALITY
dc.subject RETAIL
dc.subject IMPACT OF TRADE
dc.subject MARKET SHARE
dc.subject FREE MARKET
dc.subject COMMERCIAL POLICY
dc.subject EXPORT MARKETS
dc.subject PREFERENTIAL ACCESS
dc.subject PRICE ADVANTAGE
dc.subject BORDER TRADE
dc.subject GEOGRAPHIC PROXIMITY
dc.subject EXCHANGE RATES
dc.subject INTERNATIONAL ECONOMICS
dc.subject INVESTMENT LIBERALIZATION
dc.subject MARKET REFORMS
dc.subject EXPORTER
dc.subject GOVERNMENT INTERVENTIONS
dc.subject MACROECONOMIC ENVIRONMENT
dc.subject REAL WAGES
dc.subject HUMAN RESOURCES
dc.subject FREE MARKETS
dc.subject INTERMEDIATE GOODS
dc.subject TRADE LIBERALIZATION
dc.subject TRADEMARK
dc.subject HIGH TRADE BARRIERS
dc.subject LAISSEZ FAIRE
dc.subject TRADE BARRIERS
dc.subject ECONOMIC STRUCTURE
dc.subject PROFIT MARGINS
dc.subject APPAREL
dc.subject FREE TRADE
dc.subject EXTERNALITIES
dc.subject VALUE OF EXPORTS
dc.subject TRADE AGREEMENT
dc.subject INSURANCE
dc.subject EXPORTS
dc.subject MISSING MARKETS
dc.subject TRADING
dc.subject DIMINISHING RETURNS
dc.subject TELEPHONE PENETRATION
dc.subject RENTS
dc.subject FOREIGN INVESTMENT
dc.subject COMPARATIVE ADVANTAGE
dc.subject RETURN
dc.subject MARKETING
dc.subject COORDINATION FAILURES
dc.subject APPAREL SECTOR
dc.subject ECONOMIC DEVELOPMENT
dc.title Recent Evidence on Private Sector Capabilities, Trade Liberalization, Foreign Direct Investment, and Deregulation Are Not Enough en
dc.rights.holder World Bank


Files in this item

Files Size Format View

There are no files associated with this item.

This item appears in the following Collection(s)

Show simple item record

CC BY 3.0 IGO Except where otherwise noted, this item's license is described as CC BY 3.0 IGO

Search LACER-LACEA


Browse

My Account