Abstract
This paper distils theory from the facts of development in East Asian countries: the government attracts foreign firms bringing technology. Local agents receive enough of it to achieve fast growth, but not enough to outcompete foreign firms or to deter their entry.
We appreciate the helpful comments received when earlier versions of this chapter were presented at Cornell University; the National Chengchi University, Taipei; the Institute of Economics, Academia Sinica, Nankang, Taiwan; and the Hong Kong University of Science and Technology. Special thanks are due (chronologically) to our discussant Professor Peter Warr, Miss Nita Watts, an anonymous referee, and Professor Alan Woodland. Their advice enabled us to make great improvements. All remaining imperfections are our responsibility.
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© 1999 International Economic Association
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Van, P.H., Wan, H.Y., War, P.G. (1999). Emulative Development through Trade Expansion: East Asian Evidence. In: Piggott, J., Woodland, A. (eds) International Trade Policy and the Pacific Rim. International Economic Association Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-14543-0_16
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