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Sequential Phases and Contrasting Structures
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allocations analysis Anne Krueger argued argument balance of payments Behrman Bhagwati capacity utilization capital flight capital inflow ceteris paribus Chapter Chile coefficient Colombia commodity conclusion costs country studies devaluation discussed domestic saving DRCs effects EP strategy Equation equilibrium ERPs estimates evidence excess capacity exchange control regimes exchange rate export performance factors firms foreign capital foreign exchange foreign trade regime function Ghana growth hence Ibid implicit imply import control import licenses import premiums import-substituting incentives INCOMEX increased India industries inputs International Economics investment Israel LDCs Leith liberalized noted OECD op.cit output overall overvaluation Pakistan percent Phase II regimes Philippines ports production propensity to save QR regime quantitative restrictions quotas ratio raw materials reduced regressions relative revenue sector shadow prices shift smuggling South Korea specific statistical substitution Table tariffs tion Turkey underinvoicing underutilization variable