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ECONOMIC DEVELOPMENT AND INTERNATIONAL
EVALUATING THE STRUCTURE OF PROTECTION
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activities analysis appear approach argument assumption average capital cent chapter comparative advantage concerned considered consistent consumption costs demand depends determinants developing countries discussion domestic duty earnings economic growth economy effective protection empirical engine EPZs equation estimates evidence example existence export instability extent fact factor Figure final firms foreign gains given growth rate higher import substitution imports income increase indices industrialised industries inputs intermediate product internalise intra-firm trade investment issue Korea labour LDCs less manufactures markets measure negative non-trade output particular pattern performance period positive possible primary commodities problem processing propensity ratio reasons recent regime relationship relative savings sector share significant Source South Korea stages statistical strategies structure studies substitution suggests Table tariff tariff revenue tend theory tion trend variables zone