A Model of the Trade and Government Sectors in Colonial Economics.

This article examines historically and quantitatively the process of colonial development of selected economies of Asia, Africa, and Latin America. A simultaneous equations model was applied by the author to each country to identify those forces which made these economies dependent on international...

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Detalles Bibliográficos
Publicado en:American Economic Review Vol. 63; no. 4; pp. 572 - 588
Autores principales: Birnberg, Thomas, Resnick, Stephen
Formato: Artículo
Publicado: American Economic Association Sep73
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Acceso en línea:Ver este registro en EBSCOhost
Descripción
Sumario:This article examines historically and quantitatively the process of colonial development of selected economies of Asia, Africa, and Latin America. A simultaneous equations model was applied by the author to each country to identify those forces which made these economies dependent on international trade. The author explores to construct and apply a structural model of aggregate behavior which explains the development pattern of several countries in different geographical areas. An evaluation of the results using dynamic simulations was presented by the author.