Industrialization and the Big Push Export

@article{citeulike:1228131, abstract = {This paper explores Rosenstein-Rodan's idea that simultaneous industrialization of many sectors of the economy can be profitable for them all even when no sector can break even industrializing alone. We analyze this idea in the context of an imperfectly competitive economy with aggregate demand spillovers and interpret the big push into industrialization as a move from a bad to a good equilibrium. We present three mechanisms for generating a big push and discuss their relevance for less developed countries.}, author = {Murphy, Kevin M. and Shleifer, Andrei and Vishny, Robert W.}, citeulike-article-id = {1228131}, citeulike-linkout-0 = {http://dx.doi.org/10.2307/1831884}, citeulike-linkout-1 = {http://www.jstor.org/stable/1831884}, doi = {10.2307/1831884}, issn = {00223808}, journal = {The Journal of Political Economy}, keywords = {4915, big\_push, development}, number = {5}, pages = {1003--1026}, posted-at = {2007-04-15 20:13:45}, priority = {0}, publisher = {The University of Chicago Press}, title = {Industrialization and the Big Push}, url = {http://dx.doi.org/10.2307/1831884}, volume = {97}, year = {1989} }

TY - JOUR ID - citeulike:1228131 L3 - citeulike-article-id:1228131 N2 - This paper explores Rosenstein-Rodan's idea that simultaneous industrialization of many sectors of the economy can be profitable for them all even when no sector can break even industrializing alone. We analyze this idea in the context of an imperfectly competitive economy with aggregate demand spillovers and interpret the big push into industrialization as a move from a bad to a good equilibrium. We present three mechanisms for generating a big push and discuss their relevance for less developed countries. IS - 5 JF - The Journal of Political Economy SN - 00223808 EP - 1026 TI - Industrialization and the Big Push PB - The University of Chicago Press VL - 97 SP - 1003 KW - 4915 KW - big_push KW - development AU - Murphy, Kevin AU - Shleifer, Andrei AU - Vishny, Robert PY - 1989/// UR - http://dx.doi.org/10.2307/1831884 ER -