From Coffee Beans to Microchips: Export Diversification and Economic Growth in Costa Rica

Autor:	R. Wes Harrison, Gustavo Ferreira
Rok vydání:	2012
Předmět:	Economics and Econometrics business.industry Ordinary least squares Economics Foreign direct investment International trade Diversification (marketing strategy) business International development Agricultural and Biological Sciences (miscellaneous) Externality Agricultural economics
Zdroj:	Journal of Agricultural and Applied Economics. 44:517-531
ISSN:	2056-7405 1074-0708
DOI:	10.1017/s1074070800024081
Popis:	In the wake of a severe economic crisis in the 1980s Costa Rica abandoned an import substitution model of development adopted in the 1960s and implemented policies supporting foreign investment and the diversification of its exports. This study presents an application of the model proposed by Herzer and Nowak-Lehnmann to test the hypothesis that export diversification has contributed to economic growth in Costa Rica via externalities of learning-by-doing and learning-by-exporting over the period of 1965–2006. After using the autoregressive distributed lags and dynamic ordinary least squares models no long-run relationship was found between export diversification and growth.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::0e891eade72e8648389cefc4aff74660 https://doi.org/10.1017/s1074070800024081 Zobrazit plný text záznamu