Galvarriato, Aurora Gómez; Guerrero-Luchtenberg, Cesar - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2010
Recent history gives us evidence of the different timing and results of the opening up of several economies. We present a model to explain this divergence. Accordingly with this evidence, we show that, provided the government prefers more competition than less competition irrespective of the...