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(DP 1985-14) The Distributive Implications of Export-Led Industrialization in a Developing Economy

UPSE Discussion Papers

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Title (DP 1985-14) The Distributive Implications of Export-Led Industrialization in a Developing Economy
 
Creator Lim, Joseph Y.
 
Description This paper uses a Kaleckian model to study the effects of export expansion on income distribution given particular "structural defects" and institutional constraints in a developing economy. The results show that there might be negative impacts on income distribution if the following conditions holds: 1) The bulk of export receipts goes to the payment of imported inputs and capital goods; 2) There are weak productive capacities and bottlenecks to the production of home consumption goods; 3) The export sector is an "enclave" making it difficult for resources to flow from exports goods to home consumption goods and vice-versa; 4) There are institutional factors that prevent the rise of real wages. In such an economy, exports are vital for the reproduction of the system. The solutions to the deleterious effects on income distribution would lie in correcting the "structural defects" rather than export contraction.
 
Publisher UPSE Discussion Papers
 
Contributor
 
Date 2010-08-31
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.econ.upd.edu.ph/dp/index.php/dp/article/view/294
 
Source UPSE Discussion Papers; 1985
 
Language eng
 
Relation http://www.econ.upd.edu.ph/dp/index.php/dp/article/view/294/354