From Natural Resources to the Knowledge Economy

Ferranti, David de; Perry, Guillermo; Lederman, Daniel; Maloney, William

doi:10.1596/0-8213-5009-9

Cited by 215 publications

(129 citation statements)

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“…This sample is made up by economies characterized for a NR specialized economic structure, high or medium-high income according to the WB classification, and high rates of growth between 1990 and 2008. The solution of the Cluster analysis is one group of countries (called SELECTED) made up by Argentina, Australia, Canada, Chile, Colombia, Kazakhstan, Mexico, Peru, Russia, and South Africa, which is consistent with other studies that analyze NR specialization and successful cases of development [5], [25], [39], [40], [43]- [45].…”

Section: Empirical Analysis: Methodology and Sourcessupporting

confidence: 81%

“…As already said, other assets along with physical investment are required to exploit successfully NR such as knowledge and technology [9], [25], [43], [46], [48]. The reason is that countries can improve the production of more value added products and services, to create new ones, or to reduce the costs through innovation, and the NR industries are not an exception.…”

Section: B Gap Analysis: Gap Model and Catch Up Convergencementioning

confidence: 99%

“…Since capital and technology are not enough to achieve a permanent successful result of NR exploitation, due to the problems of deindustrialization, depletion, corruption, and social conflicts, it is grounded in the related literature on NR that institutions are also an essential factor to avoid NR curse and turn it into a blessing [2], [8], [31], [43], [59], [64], [65]. The institution's index of Chile presents a lower value (weaker institutions) than leader, but the difference between Australia and Chile is only around 10% with a decreasing trend, while with Canada or USA is significant lower.…”

Section: B Gap Analysis: Gap Model and Catch Up Convergencementioning

confidence: 99%

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Technology Gap and Catching up in Economies Based on Natural Resources: The Case of Chile

Álvarez¹,

Labra²

2015

JOEBM

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Abstract-Many developing countries have defined successful catching-up strategies based on knowledge and capabilities upgrading. However, this is a path dependent country-specific process that may turn more complex in economies based on natural resources (NR). This paper adopts a knowledge-based economy approach to analyze the key dimensions of catching up applied to the Chilean experience. Results allow us to identify development drivers and to derive policy implications that can be generalized to other catching-up economies. The main contribution is to show how openness and some physical production factors become basic determinants of convergence for NR-based countries due to foreign technologies and knowledge absorption opportunities, while national innovation capabilities and the unequal income distribution are still serious weaknesses.

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Section: Empirical Analysis: Methodology and Sourcessupporting

confidence: 81%

Section: B Gap Analysis: Gap Model and Catch Up Convergencementioning

confidence: 99%

Section: B Gap Analysis: Gap Model and Catch Up Convergencementioning

confidence: 99%

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Technology Gap and Catching up in Economies Based on Natural Resources: The Case of Chile

Álvarez¹,

Labra²

2015

JOEBM

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“…Some early contributions to the resource curse debate by economic historians such as Gavin Wright and Paul David demonstrated that knowledge creation and learning in direct connection with the exploitation of mineral resources have been crucial for US economic growth. Others such as De Ferranti et al ( 2002 ) have argued that the most important explanation of the diff erent paths of development, where Nordic countries succeeded to develop strong and diversifi ed economies starting from a situation of natural resource specialization, while Latin American countries failed to do so, had to do with a weak knowledge base and with an institutional set-up that did not support processes of learning.…”

Section: The Global Regime For Knowledge Protection and Sharingmentioning

confidence: 99%

The Learning Economy and the Economics of Hope

Lundvall¹

2016

252

104

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The Anthem Studies in Innovation and Development aims to publish cutting-edge scholarship that pushes the boundaries of our understanding of how innovation impacts human and economic development. The aim is to promote a better understanding of innovation, evaluate ongoing approaches to analyse innovation capacity, and to generate a set of instructive readings that elaborate upon the role of innovation capabilities in enabling development, reducing inequality and eliminating poverty. The series is interested in exploring the role of technology and innovation in sustainable development (at the global or sectoral level), links between trade and innovation (including investment and intellectual property rights), the role of the state and new issues in the interface of innovation and industrial policy. The series is particularly interested in analytical approaches to institutional and evolutionary economics, new frameworks and constructs on capabilities building and economic history reviews of innovation and technological change.

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“…A highly concentrated export basket can result in high aggregate volatility that is difficult to offset by fiscal or monetary policy (Brainard and Cooper, 1968;de Ferranti et al, 2002); moving away from a strong reliance on exporting commodities can be a stepping stone for industrialization and development (Prebisch, 1950;Singer, 1950;Young, 1991;Hausmann et al, 2007), and export diversification can also operate as an intermediate target for governments seeking to achieve what Bhagwati and Srinivasan (1969) call "non-economic" objectives.…”

Section: Introductionmentioning

confidence: 99%

All These Worlds Are Yours, Except India: The Effectiveness of Export Subsidies in Nepal

Defever

Reyes²,

Riaño

et al. 2017

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. This paper evaluates the effect on firm-level export outcomes of the Cash Incentive Scheme for Exports program provided by the Government of Nepal. The analysis utilizes customs-level data for 2011-14, combined with information on the subsidy payments made to individual firms provided by the Central Bank of Nepal. The Cash Incentive Scheme for Exports cash subsidy is available to firms exporting a select group of products, and requires firms to export to countries other than India. Overall, the subsidy has not produced a significant impact on firm-level export values, prices, quantities, or their growth rates. However, the study finds a small positive effect on the number of eligible products exported to countries other than India and the number of destination markets reached among firms that receive the subsidy. These results are consistent with the fact that the subsidy was granted primarily to large exporters that were already shipping eligible products to countries other than India. The findings suggest that although the cash subsidy has not produced a significant increase in exports, it has achieved a positive impact on export diversification for firms that were already satisfying the scheme's eligibility criteria. JEL-Codes: F120, F130, O470. Terms of use: Documents in

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From Natural Resources to the Knowledge Economy

Cited by 215 publications

References 0 publications

Technology Gap and Catching up in Economies Based on Natural Resources: The Case of Chile

Technology Gap and Catching up in Economies Based on Natural Resources: The Case of Chile

The Learning Economy and the Economics of Hope

All These Worlds Are Yours, Except India: The Effectiveness of Export Subsidies in Nepal

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