Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/98311
Authors: 
Sharma, Kishor
Year of Publication: 
2000
Series/Report no.: 
Center Discussion Paper 812
Abstract: 
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.
Subjects: 
liberalization
import penetration
export intensity
total factor productivity growth
Nepal
JEL: 
E13
F13
F14
F43
Document Type: 
Working Paper

Files in This Item:
File
Size
66.79 kB





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