Opportunity cost, trade policies and the efficiency of firms.
The implications of trade policies on the technological effort of a firm entering a new market in the context of a developing country are examined by focusing on the opportunity cost of the effort. It is argued that a firm that allocates more time to the acquisition of more efficient technology del...
| Published in: | Journal of Development Economics Vol. 62; no. 2; pp. 363 - 384 |
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| Format: | Article |
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Elsevier Science
August 2000
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| Subjects: | |
| Online Access: | View this record in EBSCOhost |