The Review of Economics and Statistics Vol. 58 No. 3 1976
Reexamination of the Import Structure of India: Reply
Abstract
and the less-developed countries. Tower's alternate explanation that A does not differ systematically while (er/f) does is not very appealing. The empirical evidence (p. 453) suggests that r is an external cost and does not vary significantly from nation to nation. Given this, the less-developed countries would have to weight e relatively twice as large as the advanced nations to explain the typical disparity in the estimates of A between the two groups.
- DOI
- 10.2307/1924966
- Volume
- 58
- Issue
- 3
- Pages
- 384
- Sources
- openalex crossref