Publication Date
January 2002
Recommended Citation
Jayanthakumaran, Kankesu, An Overview of Export Processing Zones: Selected Asian Countries, Department of Economics, University of Wollongong, 2002.
https://ro.uow.edu.au/commwkpapers/49
Abstract
This paper surveys the literature on the performance of Export Processing Zones (EPZs) that have used benefit-cost analytical framework. Survey reveals that as industrial development proceeds, the gap between market and opportunity cost of labour narrow and the interest on EPZs tends to disappear. Interest on EPZs may hold only if the zones generate private profit to domestic shareholders. Recent policy measures of World Trade Organisation may eventually result in lower rates of private returns and may possible threat to the existing and new EPZs.
Publication Details
Jayanthakumaran, K, An Overview of Export Processing Zones: Selected Asian Countries, Working Paper 02-03, Department of Economics, University of Wollongong, 2002.