Arnold M. McIntyre

Trade and Economic Development in Small Open Economies

The Case of the Caribbean Countries

• Gebundenes Buch

Produktbeschreibung

The overall economic performance of Caribbean countries has declined markedly in recent times. The weak export performance of these trade-oriented economies is highlighted as the principal factor responsible for the economic deterioration. The author attempts to identify the major determinants of their export performance. Two alternative approaches to this issue are adopted, the Feder model and an alternate, which suggests the important nexus between foreign exchange, needed imports and exports. The role of government institutions and their influence on exchange rates are also analyzed. Scholars in economic development, Latin America, as well as international financial institutions will find this comprehensive study on the English speaking Caribbean countries of Jamaica, Trinidad and Tobago, and Barbados a useful tool.

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Produktdetails

• Verlag: Praeger
• Seitenzahl: 196
• Erscheinungstermin: 30. August 1995
• Englisch
• Abmessung: 240mm x 161mm x 15mm
• Gewicht: 464g
• ISBN-13: 9780275947453
• ISBN-10: 0275947459
• Artikelnr.: 25568001

Autorenporträt

Arnold Mcintyre

Inhaltsangabe

Acknowledgments Introduction The Importance of Trade The Key Issues Outline
Notes The Caribbean's Export Performance Review of the Export Performance
Descriptive Analysis of the Export Performance A Constant Market Share
Analysis Revealed Comparative Advantage Data and Results Data Results An
Assessment of the Results Notes Appendix 2.A.1: Derivation of the CMS Model
Appendix 2.A.2: Commodities and Markets for CMS Analysis "Incentives" and
Institutional Support for Exports Policies Aimed at Achieving Neutral
Incentives "Incentives" and Real Effective Exchange Rates Instruments of
Export Development Policy in CARICOM Countries Notes Appendix 3.A.1: A
Typical Export Inventive System Appendix 3.A.2: Plots of Real Effective
Exchange Rates for Selected CARICOM Countries Exports and Small Country
Growth Feder's Model Applied to Small Developing Countries Data and Results
Output and Foreign Exchange Flows Data and Results Notes Appendix 4.A.1:
Derivation of Feder's Model Appendix 4.A.2: The List of Small Countries and
the Dataset Appendix 4.A.3: Test for Heteroscedasticity Appendix 4.A.4:
Production Functions Determinants of the Caribbean's Export Performance
Model of Export Supply: Theoretical Discussion Model Specification
Nontraditional Exports U.S. Clothing Market Industry-Specific Export
Equation: Clothing Industry-Specific Export Equation: Miscellaneous
Manufactures Aggregate Export Notes Appendix 5.A.1: The Imperfect
Substitutes Modes Appendix 5.A.2: Derivation of Capital Stock Estimates
Appendix 5.A.3: Plots of Clothing Exports to the U.S. Market-Selected
Countries (1968-88) The Regional Dimension Modelling the Export Sector
Institutional Analysis notes Future Directions for Research Bibliography
Index