Does What You Export Matter? In Search of Empirical Guidance for Industrial Policies

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dc.contributor.author
Lederman, Daniel
en_US
dc.contributor.author
Maloney, William F.
en_US
dc.date.accessioned
2012-07-02T16:29:57Z
en_US
dc.date.available
2012-07-02T16:29:57Z
en_US
dc.date.issued
2012
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dc.identifier.isbn
978-0-8213-8491-6
en_US
dc.identifier.uri
http://hdl.handle.net/10986/9371
en_US
dc.description.abstract
Does the content of what economies export matter for development? And, if it does, can governments improve on the export basket that the market generates through the shaping of industrial policy? This book considers these questions by reviewing relevant literature and taking stock of what is known from conceptual, empirical, and policy viewpoints. A large literature answers affirmatively to the first question and suggests the characteristics that distinguish desirable exports. More prosaically, but no less controversially, goods which are intensive in unskilled labor are thought to promote 'pro-poor' or 'shared growth,' whereas those which are skilled-labor intensive are thought to generate positive externalities for society as a whole. Concerns about macroeconomic stability have led to a focus on the overall composition of the export basket. This book revisits many of these arguments conceptually and, wherever possible, imports heuristic approaches into frameworks where, as more familiar arguments, they can be held up to the light, rotated, and their facets examined for brilliance or flaws. Second, the book examines what emerges empirically as a basis for policy design. Specifically, given certain conceptual arguments in favor of public sector intervention, do available data and empirical methods allow for actually doing so with a high degree of confidence? In asking this question, the book assumes that policy makers are competent and seek to raise the welfare of their citizens. This assumption permits sidestepping the debate about whether government failures trump market failures generically: In this sense, the book attempts to 'give industrial policy a chance.'
en_US
dc.language
English
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dc.publisher
Washington, DC: World Bank
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dc.relation.ispartofseries
Latin America Development Forum
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dc.rights
CC BY 3.0 IGO
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dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
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dc.subject
ACCOUNTING
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dc.subject
AGRICULTURAL COMMODITY
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dc.subject
AGRICULTURE
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dc.subject
AUTOMOBILES
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dc.subject
BARRIER TO ENTRY
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dc.subject
BARRIERS TO ENTRY
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dc.subject
BASKET OF GOODS
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dc.subject
BENCHMARK
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dc.subject
BEST PRACTICES
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dc.subject
BID
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dc.subject
CAPABILITIES
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dc.subject
CAPITAL MARKET
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dc.subject
CAPITALISM
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dc.subject
CELL PHONE
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dc.subject
CELL PHONES
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dc.subject
COMMODITIES
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dc.subject
COMMODITY PRICES
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dc.subject
COMPARATIVE ADVANTAGE
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dc.subject
COMPETITIVE MARKET
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dc.subject
COMPUTERS
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dc.subject
COORDINATION MECHANISM
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dc.subject
CORPORATION
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dc.subject
CREDIT MARKETS
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dc.subject
DATA MANIPULATIONS
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dc.subject
DEBT
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dc.subject
DEBT OVERHANG
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dc.subject
DEVELOPING COUNTRIES
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dc.subject
DEVELOPING COUNTRY
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dc.subject
DEVELOPMENT ECONOMICS
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dc.subject
DEVELOPMENT POLICY
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dc.subject
DISPLACEMENT
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dc.subject
DIVERSIFIED PORTFOLIO
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dc.subject
DRIVERS
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dc.subject
DUMMY VARIABLE
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dc.subject
DUMMY VARIABLES
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dc.subject
E-MAIL
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dc.subject
ECONOMETRIC ANALYSES
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dc.subject
ECONOMIC COMPLEMENTARITY
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dc.subject
ECONOMIC DEVELOPMENT
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dc.subject
ECONOMIC GROWTH
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dc.subject
ECONOMIC MODELS
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dc.subject
ECONOMIC RENTS
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dc.subject
ECONOMICS RESEARCH
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dc.subject
ECONOMIES OF SCALE
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dc.subject
EFFICIENCY WAGES
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dc.subject
ELECTRONICS INDUSTRY
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dc.subject
EQUIPMENT
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dc.subject
ESP
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dc.subject
EXCESS DEMAND
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dc.subject
EXCHANGE RATE
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dc.subject
EXPORTERS
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EXPORTS
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EXTERNALITY
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dc.subject
FACTORS OF PRODUCTION
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dc.subject
FINANCIAL DEVELOPMENT
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dc.subject
FINANCIAL MARKETS
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FOREIGN DEBT
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dc.subject
GDP PER CAPITA
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GLOBAL SUPPLY CHAIN
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GOVERNMENT INTERVENTION
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dc.subject
GROSS DOMESTIC PRODUCT
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dc.subject
GROWTH RATE
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dc.subject
HOMOGENEOUS GOODS
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HUMAN CAPITAL
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dc.subject
INCOME
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INCOME DISTRIBUTION
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INCOME GROWTH
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INCREASING RETURNS
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INCREASING RETURNS TO SCALE
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dc.subject
INCUMBENT
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dc.subject
INDUSTRIAL STRUCTURE
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dc.subject
INDUSTRIAL STRUCTURES
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dc.subject
INDUSTRIALIZATION
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dc.subject
INFORMATION TECHNOLOGIES
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dc.subject
INNOVATION
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INTERNATIONAL BANK
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dc.subject
INTERNATIONAL COMPARISON
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dc.subject
INTERNATIONAL TRADE
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dc.subject
INVENTION
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INVESTMENT RATES
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dc.subject
KNOWLEDGE ECONOMY
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dc.subject
LABOR FORCE
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dc.subject
LABOR MARKET
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dc.subject
LABOR MOBILITY
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dc.subject
LICENSE
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dc.subject
LICENSES
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MACROECONOMIC POLICIES
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MACROECONOMIC POLICY
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MACROECONOMIC STABILITY
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MACROECONOMIC VOLATILITY
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dc.subject
MANUFACTURING
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MANUFACTURING INDUSTRIES
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dc.subject
MARGINAL COST
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dc.subject
MARKET DATA
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MARKET FAILURE
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MARKET FAILURES
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MARKET PRICE
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MARKET STRUCTURE
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MARKETING
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dc.subject
MATERIAL
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dc.subject
MATURE MARKETS
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MONETARY FUND
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MONOPOLIES
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MONOPOLY
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MONOPOLY RENTS
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MULTIPLE EQUILIBRIA
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dc.subject
NATIONAL ECONOMY
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dc.subject
NATIONAL INCOME
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NATURAL ENDOWMENTS
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NATURAL RESOURCE
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NATURAL RESOURCES
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NEGATIVE EXTERNALITY
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dc.subject
NET EXPORTS
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dc.subject
NPL
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dc.subject
PATENTS
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PER CAPITA INCOME
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dc.subject
POLITICAL ECONOMY
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dc.subject
POLITICAL INSTITUTIONS
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dc.subject
POLITICAL STABILITY
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dc.subject
PORTFOLIO
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PORTFOLIO DIVERSIFICATION
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dc.subject
POSITIVE COEFFICIENT
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dc.subject
POSITIVE EXTERNALITIES
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dc.subject
PRICE VOLATILITY
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dc.subject
PRIVATE SECTOR
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dc.subject
PRODUCT CATEGORIES
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PRODUCT DIFFERENTIATION
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dc.subject
PRODUCT INNOVATION
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dc.subject
PRODUCTION PROCESS
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dc.subject
PRODUCTION PROCESSES
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PRODUCTIVITY
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PRODUCTIVITY GROWTH
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PROTECTIONISM
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PUBLIC SECTOR
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PURCHASING POWER
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dc.subject
QUERIES
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RANDOM WALK
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dc.subject
RATE OF RETURN
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RATES OF RETURN
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dc.subject
REAL GDP
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dc.subject
REAL WAGES
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dc.subject
REGIONAL DUMMY
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dc.subject
RENT SEEKING
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dc.subject
REPUBLIC
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dc.subject
RESERVES
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dc.subject
RESULT
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dc.subject
RESULTS
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dc.subject
RETURN
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dc.subject
SILICON
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dc.subject
SKILLED WORKERS
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dc.subject
SOCIAL NETWORKS
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dc.subject
SPECIALIZATION
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dc.subject
TECHNOLOGICAL ADVANCES
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dc.subject
TELECOM
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dc.subject
TELECOMMUNICATIONS
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dc.subject
TELEPHONE
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dc.subject
TELEVISION
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dc.subject
TELEVISIONS
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dc.subject
TIME PERIOD
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dc.subject
TOTAL FACTOR PRODUCTIVITY
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dc.subject
TOTAL FACTOR PRODUCTIVITY GROWTH
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dc.subject
TRADE NETWORKS
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dc.subject
TRADE POLICIES
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TRADE POLICY
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dc.subject
TRADE REGIMES
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dc.subject
TRADE STRUCTURE
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dc.subject
TRANSLATION
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dc.subject
TRUST FUND
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dc.subject
UNSKILLED LABOR
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dc.subject
UNSKILLED WORKERS
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dc.subject
VALUE ADDED
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dc.subject
WAGE STRUCTURE
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dc.subject
WAGES
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dc.subject
WEALTH
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dc.subject
WEALTH OF NATIONS
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dc.title
Does What You Export Matter? In Search of Empirical Guidance for Industrial Policies
en_US
okr.identifier.externaldocumentum
000386194_20120622033854
en_US
okr.identifier.internaldocumentum
16411839
en_US
okr.volume
1 of 1
en_US
okr.date.disclosure
2012-06-20
en_US
okr.topic
Private Sector Development :: E-Business
en_US
okr.topic
Social Protections and Labor :: Labor Policies
en_US
okr.topic
Finance and Financial Sector Development :: Debt Markets
en_US
okr.topic
Economic Theory and Research
en_US
okr.topic
Macroeconomics and Economic Growth :: Political Economy
en_US
okr.identifier.report
70325
en_US
okr.identifier.doi
10.1596/978-0-8213-8491-6
en_US
okr.unit
International Trade Department (PRMTR)
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okr.doctype
Publications & Research :: Publication
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okr.doctype
Publications & Research :: Publication
en_US
dc.rights.holder
World Bank
en_US
okr.peerreview
Academic Peer Review
en_US
okr.relation.associatedurl
http://dx.doi.org/10.1596/978-0-8213-8491-6
en_US
okr.googlescholar.linkpresent
true
en_US
okr.globalpractice
Macroeconomics and Fiscal Management
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okr.globalpractice
Social Protection and Labor
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okr.globalpractice
Finance and Markets
en_US
okr.globalpractice
Transport and ICT
en_US
okr.globalpractice
Trade and Competitiveness
en_US
okr.crosscuttingsolutionarea
Jobs
en_US
okr.relation.googlescholar
http://scholar.google.com/scholar?q=doi%3A10.1596%2F978-0-8213-8491-6

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