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Success of Developing Countries' Export Strategies and World Trade Structure
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- Authors
- Issue Date
- 1991-01
- Citation
- Seoul Journal of Economics, Vol.4 No.1, pp. 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
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