Does trade cause detrimental specialization in developing economies? Evidence from countries south of the Suez Canal
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DOI: 10.1016/j.jdeveco.2021.102676
Abstract: Abstract When opening up to trade, countries specialize according to their comparative advantage. However, developing countries are often disadvantaged in production that requires contract enforcement or other institutions. Such specialization could be detrimental, as it… read more here.
Keywords: specialization; suez canal; trade cause; detrimental specialization ... See more keywords