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In this paper we first propose a proxy for the maturity of a country’s export bundle based on the product life cycle theory. Employing a conditional latent class model, we then examine the relationship between export maturity and economic growth for 98 countries during the period 1988-2005. We...
Persistent link: https://www.econbiz.de/10011124026
countries. In each country, the incumbent autocrat will cater to the preferences of the elites when setting trade policy and the … manufacturing sector. This, in turn, can lead to a shift in the comparative advantage, a decision to open up to trade and an inflow …
Persistent link: https://www.econbiz.de/10011124092