A paradox seems to emerge about the extraordinary Chilean growth performance during the last two decades. Indeed, the export-led growth model was based on the export of natural resource based products characterized by low-income elasticity of demand while the productive structure was suffering a...

From a development perspective an investigation of the changes that have occurred in the wine industry is of particular interest because it provides evidence on how emerging economies have been able to acquire significant shares of the international market in a dynamic sector. Based on novel...