TY - JOUR AU - Wang,Zhi AU - Wei,Shang-Jin AU - Wong,Anna TI - Does a Leapfrogging Growth Strategy Raise Growth Rate? Some International Evidence JF - National Bureau of Economic Research Working Paper Series VL - No. 16390 PY - 2010 Y2 - September 2010 UR - http://www.nber.org/papers/w16390 L1 - http://www.nber.org/papers/w16390.pdf N1 - Author contact info: Zhi Wang Research Division Office of Economics US International Trade Commission 500 E Street SW Washington, DC 20436 E-Mail: zhi.wang@usitc.gov Shang-Jin Wei Graduate School of Business Columbia University Uris Hall 619 3022 Broadway New York, NY 10027-6902 Tel: 212/854-9139 E-Mail: shangjin.wei@columbia.edu Anna Wong Department of Economics University of Chicago E-Mail: annawyw@uchicago.edu AB - While openness to trade is a well-recognized hallmark of many successful emerging market economies known as “growth miracles,” another component of the growth model is a leapfrogging strategy – the use of policies to guide the industrial structural transformation ahead of a country's factor endowment. Does the leapfrogging strategy work? Opinions vary but the evidence is scarce in part because it is more difficult to measure the degree of leapfrogging than the extent of trade openness. We undertake a systematic look at the evidence across countries to assess the efficacy of such a strategy. So far, there is no strong and robust evidence that this strategy works reliably. Future research can explore a number of refinements. ER -