International trade and long-term economic growth: a few issues of growth strategy for India
Abstract
For developing economies, technological change and micro-level efficiency is as important as capital accumulation
as a source of long-term economic growth. International trade is an important source of incentives in generating
both intentional and by-product technological change by increasing aggregate economic activity (market size) and
competitive conditions. In the present context, selective policy intervention on the production side may provide a
cutting edge in realising dynamic gains through trade.
Collections
- Journal Articles [3698]