Chile's Export Diversification since 1960: A Free Market Miracle or Mirage? (Record no. 10712)
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fixed length control field | 01973nab a2200181 4500 |
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control field | 20201103164908.0 |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
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100 ## - MAIN ENTRY--PERSONAL NAME | |
Personal name | Lebdioui, Amir |
245 ## - TITLE STATEMENT | |
Title | Chile's Export Diversification since 1960: A Free Market Miracle or Mirage? |
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
Name of publisher, distributor, etc | Wiley, |
Date of publication, distribution, etc | 2019. |
300 ## - PHYSICAL DESCRIPTION | |
Pages | Vol.50,Issue 6,2019;(1624-1663 p.) |
520 ## - SUMMARY, ETC. | |
Summary, etc | Conventional wisdom has proclaimed Chile's recent economic development a ‘free market miracle’. In an examination of Chile's export diversification experience, this article departs from that view. By analysing the dynamics underlying the emergence of the salmon, fruit, forestry and wine sectors in Chile's export basket since the 1960s, the study sheds light on the crucial role of industrial policy in the process of capability accumulation that shapes new industries. The article undertakes a qualitative historical analysis of the scope and nature of policy interventions in each of the four sectors and conducts a quantitative policy evaluation using the difference‐in‐difference method. It finds that public institutions are essential in overcoming market failures inhibiting the emergence of new industries. Specifically, it shows that the government has a key role to play as a catalyst of human capital accumulation, as a venture capitalist, in trade promotion, and in ensuring ‘national’ sector reputation through a strong regulatory and quality control role. By elaborating on the dynamic process of structural transformation and capability accumulation, this article contributes to theoretical debates on the role of vertical policies in the emergence of new competitive sectors, and debates relating to static versus dynamic approaches to comparative advantage. |
773 0# - HOST ITEM ENTRY | |
Host Biblionumber | 8737 |
Host Itemnumber | 15395 |
Place, publisher, and date of publication | West Sussex John Wiley & Sons Ltd. 1970 |
Title | Development and change |
International Standard Serial Number | 0012-155X |
856 ## - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | https://doi.org/10.1111/dech.12545 |
942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
Koha item type | Articles |
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-- | 31841 |
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No items available.