Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/217046 
Erscheinungsjahr: 
2019
Schriftenreihe/Nr.: 
LEM Working Paper Series No. 2018/33
Versionsangabe: 
July 29, 2019
Verlag: 
Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM), Pisa
Zusammenfassung: 
In this chapter we discuss the role of natural resources and endowment structures on structural change. Departing from theories of trade that stress specialization according to one's comparative advantages as the key route to development, we articulate an alternative point of view on the role of technological learning and absolute advantages for structural transformation. Ricardian adjustment processes relying on endowment-based comparative advantages are often times a misleading driver of development; rather, competitiveness offers a better criterion to achieve sustained economic well-being. This theoretical perspective provides useful guidance to interpret the effects of unbridled globalization and the role of natural resources relative to industrial and trade policies in shaping the process of structural change and economic development.
Schlagwörter: 
structural change
endowments and trade
technological gaps
catching-up
JEL: 
O14
O33
F43
Dokumentart: 
Working Paper

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