Trade reform dynamics and technical efficiency: The Peruvian experience

被引:7
作者
Alam, IMS [1 ]
Morrison, AR [1 ]
机构
[1] Tulane Univ, Dept Econ, New Orleans, LA 70118 USA
关键词
D O I
10.1093/wber/14.2.309
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
Markets around the world are becoming more competitive because of changing operating and regulatory environments. One such change-the loosening of trade restrictions-is a macroeconomic policy shift that should have a microeconomic impact on industrial efficiency. Specifically, competitive pressure should discipline or eliminate inefficient producers. This article explores whether or not there is such a dynamic link. It uses a previously unexploited data set to gauge the impact of the 1990 Peruvian reform on plant-level technical efficiency. The results support the argument that the degree of protection and the level of efficiency are inversely related.
引用
收藏
页码:309 / 330
页数:22
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