Arbeitspapier
Liberalization and Structural Change: Evidence from Nepalese Manufacturing
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 improve human capital and infrastructure, appear to be essential if the potential benefits of liberalization are to be fully achieved.
- Sprache
-
Englisch
- Erschienen in
-
Series: Center Discussion Paper ; No. 812
- Klassifikation
-
Wirtschaft
General Aggregative Models: Neoclassical
Trade Policy; International Trade Organizations
Empirical Studies of Trade
Economic Growth of Open Economies
- Thema
-
liberalization
import penetration
export intensity
total factor productivity growth
Nepal
Handelsliberalisierung
Produktivität
Strukturwandel
Schätzung
Nepal
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Sharma, Kishor
- Ereignis
-
Veröffentlichung
- (wer)
-
Yale University, Economic Growth Center
- (wo)
-
New Haven, CT
- (wann)
-
2000
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Sharma, Kishor
- Yale University, Economic Growth Center
Entstanden
- 2000
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