Betts, Caroline; Giri, Rahul; Verma, Rubina - Volkswirtschaftliche Fakultät, … - 2013
A two country, three sector hybrid model of structural change with distortionary government policies is used to … quantify the impact of international trade and trade reform for industrialization. The model features Arming- ton motivated … subsidies and lump sum government transfers of net tariff revenue. We calibrate our economy to data on South Korea and the OECD …