Policy recommendations for export promotion
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The paper examines policy recommendations for export promotion and accepts distortion-correction as the objective that fits well with received trade theory, policy experience and political economy considerations. Evaluating the new trade theory that has the objective of capturing a larger share of the global market, the paper notes is theoretical validity but limited value for policy recommendation. Support to specific export activities can be accommodated within a framework of distortion-correction. But that support has to be at the initiative of the private sector, it should be subject to evaluation is an investment in knowledge, and time bound.
Quote ItemEstudios de Economía. Vol. 20, No. 1, Junio 1993 Págs. 1-25