Cited by 60Global trade and economicsEconomic Theory and PolicyEconomic Growth and Productivity

The Need for Industrial Policy in LDC's-A Re-Statement of the Infant Industry Argument

Succar, Patricia·1987·International Economic Review

Abstract

This paper presents a learning-by-doing model of a small open economy. Learning acquired in production of an industry x enhances productivity of industries x and y. By introducing dynamic production complementarities across industries through the learning curve, this approach presents an important generalization of P.K. Bardhan's 1971 model. Copyright 1987 by Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association.

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Crossref · 10.2307/2526741

Cites

16 of 16 references verified0 citation errors · 0 not checkable

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Authors
Succar, P.
Corresponding author
Succar, Patricia
Venue
International Economic Review
Publisher
JSTOR
Published
1987-06
Volume
28
Issue
2
Pages
521
ISSN
0020-6598 (ISSN-L)
OpenAlex
W2004397402
Cited by
60
References
16
Citations by year
2026: 1 · 2025: 3 · 2024: 1 · 2023: 2 · 2022: 1 · 2021: 2 · 2019: 2 · 2018: 3 · 2017: 2 · 2016: 4 · 2015: 3 · 2014: 2 · 2013: 2 · 2012: 1
FWCI
1.15
Type
journal article
Language
en
Open access
closed
Locations
  • International Economic Review (publishedVersion)
  • RePEc: Research Papers in Economics (submittedVersion)
Topics
  • Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Global trade and economics
  • Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Economic Theory and Policy
  • Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Economic Growth and Productivity
Keywords
industrial policy, infant industry argument, hands-on learning, learning curve, small open economy, productivity spillovers, developing countries

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