Knowledge Problems Associated with Creating Export Zones

20 Pages Posted: 18 Nov 2010

See all articles by Virgil Henry Storr

Virgil Henry Storr

George Mason University - Department of Economics; George Mason University - Mercatus Center; University of Arizona Center for the Philosophy of Freedom

Triya Seshadri

George Mason University - Department of Economics

Date Written: August 3, 2010

Abstract

Although export processing zones (EPZ) have been a part of India’s development strategy since the 1960s, they have not been as successful at promoting exports and job creation as might have been hoped. Most explanations of their shortcomings focus on the poor infrastructure and bureaucratic inefficiencies that typically plague these zones. By focusing on the knowledge problems that government administrators must overcome if they are to design and manage successful EPZs, and highlighting their inevitable difficulties in overcoming these knowledge problems, this paper offers a more fundamental and compelling explanation of the poor performance of Indian EPZs than is traditionally advanced.

Keywords: Indian Economic Development, Export Processing Zones, Special Economic Zones, Clusters

JEL Classification: F10, O11, O24

Suggested Citation

Storr, Virgil Henry and Seshadri, Triyakshana, Knowledge Problems Associated with Creating Export Zones (August 3, 2010). Review of Austrian Economics, Vol. 24, No. 4, pp. 347-366, 2010. Available at SSRN: https://ssrn.com/abstract=1711315

Virgil Henry Storr (Contact Author)

George Mason University - Department of Economics ( email )

4400 University Drive
Fairfax, VA 22030
United States

HOME PAGE: http://virgilstorr.org/

George Mason University - Mercatus Center ( email )

3434 Washington Blvd., 4th Floor
Arlington, VA 22201
United States

HOME PAGE: http://virgilstorr.org/

University of Arizona Center for the Philosophy of Freedom ( email )

Department of History
Tucson, AZ 85721
United States

HOME PAGE: http://virgilstorr.org/

Triyakshana Seshadri

George Mason University - Department of Economics ( email )

United States

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