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| Sharma, Kishor. |
| The consequences of liberalization on structural changes are examined using data from manufacturing industry in Nepal which is classified as a least developed country. This is important because doubts that liberalization may not solve the problems of low-income developing countries remain strong due mainly to low supply elasticities and the early stage of industrialization. Results suggest some structural changes in manufacturing output and trade orientation. However, no significant improvements were recorded in the overall productivity growth and spatial distribution of manufacturing which appear to be due mainly to the lack of basic infrastructure and the shortage of skilled manpower. Thus, appropriate investment policies, which channel resources to... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Liberalization; Import penetration; Export intensity; Total factor productivity growth; Nepal; International Relations/Trade; E13; F13; F14; F43; 041. |
| Ano: 2000 |
URL: http://purl.umn.edu/28394 |
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| Sharma, Kishor. |
| Export growth in India has been much faster than GDP growth over the past few decades. Several factors appear to have contributed to this phenomenon including foreign direct investment (FDI). However, despite increasing inflows of FDI especially in recent years there has not been any attempt to assess its contribution to India's export performanceone of the channels through which FDI influences growth. Using annual data for 1970-98 we investigate the determinants of export performance in India in a simultaneous equation framework. Results suggest that demand for Indian exports increases when its export prices fall in relation to world prices. Furthermore, the real appreciation of the rupee adversely effects India's exports. Export supply is positively... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Exports; Commercial policy; Export subsidies; Foreign direct investment; Exchange rates and India; F21; International Relations/Trade; F1; F13; F14. |
| Ano: 2000 |
URL: http://purl.umn.edu/28372 |
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