Structural change and the intersectoral terms of trade: Southeast Asian experience
In this paper it is hypothesized that premature deindustrialization is related to the intersectoral terms of trade between agriculture and manufacturing. Using a dualistic model it is shown that factors which raise the price of agricultural goods relative to manufactured goods slow the rate of struc...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Economic Research Institute of Chung-Ang University
2019
|
| Subjects: | |
| Online Access: | View Fulltext in Publisher |