External integration, structural transformation, and economic development: Evidence from Argentina 1870-1914

Pablo Fajgelbaum, Stephen Redding, 12 July 2014



External economic integration is often argued to be an important driver of economic development, as it raises income through specialisation in comparative-advantage sectors, provides low-cost access to imported goods, and shapes the pattern of structural transformation from agricultural into non-agricultural activities.

Topics: Development, Economic history, International trade
Tags: Argentina, comparative advantage, integration, specialisation, trade costs

Vox eBooks