Staples, Institutions and Growth. Competitiveness of Guatemalan Exports 1524-1945
Popular Abstract in Swedish Avhandlingen analyserar Guatemalas råvaruexport under perioden 1524-1945.In the integrated institutional-staples-‘vent for surplus’ approach, the opening of trade occurs because of initial demand. Once demand is determined, competitiveness is a function of transportation costs, entrepreneurship, capital, land and labour costs, as well as the role played by the State. When all these factors promote competitiveness within an institutional framework that decreased transac