استيراد السلع الرأسمالية و النمو الاقتصادي في البلدان النامية : دروس من الصين

Abstract EN

This article argues that a developing country’s economic growth rate depend not on innovation but on foreign advanced technology -embodied capital goods imports.

Also, this paper presents a new approach “technological learning“ to analyzing the role of trade in capital goods in promoting industrialization process of developing countries.

This approach can explain how fast late industrializing economies “the Rest” are catching -up the income and technological level of developed ones.

Furthermore, The experience of trade openness and technology transfer through capital goods imports of the successful Chinese economy could be a role model that allows other developing contries to achieve sustained high economic growth.