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Manufacturing Firms in Developing Countries: How Well Do They Do, and Why?
Abstract
The manufacturing sectors of developing countries have traditionally been relatively protected. They have also been subject to heavy regulation, much of which has favored large firms. Accordingly, it is often argued that in these countries: (1) markets tolerate inefficient firms, so cross-firm productivity dispersion is high; (2) small groups of entrenched oligopolists exploit monopoly power in product markets; and (3) many small firms are unable or unwilling to grow, so important scale economies go unexploited. Drawing on plant and firm level studies, I assess each of these conjectures and find none to be systematically supported. However, many open issues remain.
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Industrial Policy for the Twenty-First Century
Rodrik, D. (2004) · doi:10.2139/ssrn.617544 · Cited by 1,623
Trade Liberalization and Poverty: The Evidence So Far
Winters, L. A., McCulloch, N., & McKay, A. (2004) · Journal of Economic Literature · doi:10.1257/002205104773558056 · Cited by 1,085
Exporting raises productivity in sub-Saharan African manufacturing firms
Van Biesebroeck, J. (2005) · Journal of International Economics · doi:10.1016/j.jinteco.2004.12.002 · Cited by 1,078
The Long and Short of the Canada-U.S. Free Trade Agreement
Trefler, D. (2004) · American Economic Review · doi:10.1257/0002828042002633 · Cited by 1,071
Trade Liberalisation and Economic Performance: An Overview
Winters, L. A. (2004) · The Economic Journal · doi:10.1111/j.0013-0133.2004.00185.x · Cited by 459
Metadata
- Authors
- Tybout, J. R.
- Venue
- Journal of Economic Literature
- Publisher
- American Economic Association
- Published
- 2000-03-01
- Volume
- 38
- Issue
- 1
- Pages
- 11-44
- ISSN
- 0022-0515 (ISSN-L)
- OpenAlex
- W3123874341
- Cited by
- 1,530
- References
- 3
- FWCI
- 103.16
- Type
- journal article
- Language
- en
- Open access
- closed
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