Take home exam II - Abram Balloga Econ 4730 Take Home...

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Abram Balloga Econ 4730 Take Home Midterm 11/6/2008 Part B II. (1) (a) Crown, J. and G. Coleman. No Hands: The Rise and Fall of The Schwinn Bicycle Company , 1996, An American Institution, New York (b) Morawetz, D., Why The Emperor's New Clothes Are Not Made in Colombia: A Case Study In Latin American and East Asian Manufactured Exports , 1981, Washington, DC: Oxford University Press. (c) Kim, L. Korea's National Innovation System in Transition, 2000, Kim, L. S. and R. R. Nelson (editors). Technology, Learning and Innovation, Cambridge University Press: Cambridge UK. (2) This seems to explain one of the three patterns of the 4 NIEs recognized by Lucas (2003). Discuss. The location of the NIEs in the world economy has contributed much circumstantially to their ‘miracle’ like growth, by affecting who and by what methods they can conduct trade. Lucas recognizes that the development process requires on-the-job experiences and lack of labor skill is a limiting factor in acquiring foreign investment in low wage countries (Wan on Lucas, 877). Coe and Helpman show that trade with more advanced economies is an important ‘resource for acquiring skill’ (Wan on Lucas, 877). Here, outsourcing and learning through experience provide essential technology spillover to the NIE’s. The growth miracles are boosted by entering export industries that were not “formerly produced in these countries” (Lucas, 62).
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  • Spring '08
  • HENRYWAN
  • Economics, National innovation system, essential technology spillover, spillover technology

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