Construct · 1 fields · 1 citations

domestic resource cost: a standalone construct

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Development economics

the domestic resources, valued at shadow prices, used to earn or save one unit of foreign exchange through an activity, used to judge comparative advantage.

In development economics, domestic resource cost refers to the domestic resources, valued at shadow prices, used to earn or save one unit of foreign exchange through an activity, used to judge comparative advantage. This meaning comes from Bruno (1972) in Journal of Political Economy.[1]

Unit
Recovery means
Measured by

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Nearby constructs

comparative advantage1 fields · 4 citationsanchor · a standalone construct cost4 fields · 4 citationsjingle · one word, four constructs development1 fields · 2 citationsanchor · a standalone construct

References

Bruno, M. (1972). Domestic Resource Costs and Effective Protection: Clarification and Synthesis. Journal of Political Economy, 80(1), 16-33. https://doi.org/10.1086/259858

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