Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/109551
Authors: 
Wang, Zhi
Wei, Shang-Jin
Wong, Anna
Year of Publication: 
2010
Series/Report no.: 
ADB Working Paper Series on Regional Economic Integration 47
Abstract: 
While openness to trade is a well-recognized hallmark of the Asian growth model, another component of the model is a leapfrogging strategy—the use of policies to guide industrial structural transformation ahead of a country's factor endowment. Does the leapfrogging strategy work? Opinions vary but the evidence is scarce in part because it is more difficult to measure the degree of leapfrogging than the extent of trade openness. We undertake a systematic look at the evidence both across countries and subregions within a large regional Asian economy to assess the efficacy of such a strategy. We conclude that there is no strong and robust evidence that this strategy works reliably.
Subjects: 
growth
trade openness
leapfrogging
JEL: 
O20
O40
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by/3.0/igo
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.