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Title: |
Simulating Alternative Development Strategies:
Some Suggestions from Korea's Experience |
| Author: |
Lewis, Jeffrey
D.; de Melo, Jaime; Robinson, Sherman |
| Author
Affiliation: |
Harvard Inst
Int'l Devel; World Bank; U CA, Berkeley |
| Source: |
International Economic Journal, Autumn 1987, v. 1, no. 3, pp. 1-17 |
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Publication Date: |
Autumn 1987 |
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Abstract: |
This paper reviews the stylized facts
about Korea's development strategy which distinguish it from most other
developing countries. These stylized facts are then incorporated in two
multi-sector models, a dynamic input-output (DIO) model and a computable
general equilibrium (CGE) model. Both models are used to ask what might
have happened to Korea if she had pursued an inward-looking rather than
an outward-looking development strategy. |
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