How Market Imperfections and Trade Barriers Shape Specialisation

The paper set out four types of market structure clusters (based on an OECD benchmark) to assess different entry barriers, both endogenous and policy-induced that may affect the ability of enterprises in emerging countries to penetrate international markets. This framework is then applied to analyse the trade specialisation of Argentina, Brazil and Chile (ABC) compared to that of three OECD countries, Ireland, Korea and Mexico ...