Emulative Development through Trade Expansions: East Asian Evidence

INTERNATIONAL TRADE POLICY AND THE PACIFIC RIM, John Piggott & Alan Woodland, eds., Macmillan Press, 1999

Posted: 5 Mar 2009 Last revised: 27 Aug 2012

See all articles by Van H. Pham

Van H. Pham

Baylor University - Department of Economics

Henry Wan

Cornell University - Department of Economics

Date Written: 1999

Abstract

We identify East Asian growth as an 'emulative process'. Distilling salient facts from a set of particular cases, we construct an example to capture the essence of such technology transfer, where the government of a developing economy may provide adequate incentive for the firms of a developed economy to invest. The presence of the latter allows agents in the developing economy to acquire enough information to launch their own business but not enough to outcompete the investor. The formulation is information-theoretic and in the form of a multi-stage game. We relate our findings to recent views on the cause and future of East Asian growth.

Keywords: Development, Foreign investment, Information, Technological diffusion, Technology transfer, Trade

JEL Classification: D83, F13, F21, O30, O53

Suggested Citation

Pham, Van H. and Wan, Henry Y., Emulative Development through Trade Expansions: East Asian Evidence (1999). INTERNATIONAL TRADE POLICY AND THE PACIFIC RIM, John Piggott & Alan Woodland, eds., Macmillan Press, 1999 , Available at SSRN: https://ssrn.com/abstract=1353745

Van H. Pham (Contact Author)

Baylor University - Department of Economics ( email )

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HOME PAGE: http://www.baylor.edu/van_pham

Henry Y. Wan

Cornell University - Department of Economics ( email )

414 Uris Hall
Ithaca, NY 14853-7601
United States

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