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Exact(36)
An increasing general realization of the returns brought about by specialized agriculture and exchange meant that Greek polities began to favor the production of export goods cognizant that shipments of grain could be acquired in a variety of markets.
Political density related to international insertion significantly increased the importance of export goods sector.
In consequence, the productivity growth of export goods increased more than that of non-tradable goods.
Also, the productivity growth of non-tradable goods is greater than the productivity growth of export goods because international trade is secondary, and not promoted, which decreases the efficiency of export goods sector, causing slow productivity growth.
In that model, wage rate growth is fixed to the productivity growth of export goods and the productivity growth of export goods is larger than the productivity growth of non-tradable goods under the fixed exchange rate system.
This process can be developed under new income policies by considering the productivity growth of export goods.
Similar(24)
We assume that the 'official' rate was the all-inclusive rate and could have been used in payment of exported goods of all kinds.
Much of the export growth in the last two years has come from countries like China, South Korea, Brazil and India, and developing countries now buy a majority of exported goods and services.
Foreign companies could also lose the privilege of exporting goods to the United States if they are found to have breached the sanctions.
However, domestic regional customs data may not provide true domestic destination information of imported goods and domestic origin information of exported goods.
Neoliberal policies combined with high productivity growth of exports goods and that created new strategies of Turkey according to the new growth regime.
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