SHERP

Success of Developing Countries' Export Strategies and World Trade Structure

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Authors
Cosgrove, Michael H.
Issue Date
1991
Publisher
Seoul Journal of Economics
Citation
Seoul Journal of Economics 4 (No. 1 1991): 81-92
Keywords
Industrial organization; Kruman; NICs
Abstract
World trade structure is being altered by European 1992
economic integration to highly concentrated from relatively unconcentrated
as measured by the Herfindahl-Hirschman Index.
Export-promotion strategies of developing countries were
effective in an unconcentrated environment in conjunction with
U.S. efforts to lower tariff entry barriers.
Sizeable concentration increases occur from creation of free
trade zones tilting the 1990s toward an oligopolist-oligopsonist
trade environment. This market structure is likely to have larger
entry barriers creating a less favorable environment for
export-promotion policies. Plus large trade zones may attempt
to extract gains out of developing countries.
ISSN
1225-0279
Language
English
URI
http://hdl.handle.net/10371/908
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College of Social Sciences (사회과학대학)Institute of Economics Research (경제연구소)Seoul Journal of EconomicsSeoul Journal of Economics vol.04(1) (Spring 1991)
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