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Trade and industrial policy of transition economies

Gonzales, José Luis Moraga; Viaene, Jean-Marie - 2001

Trade reforms in transition economies are analyzed in a model of trade and vertical product differentiation. We first show that trade liberalization in transition economies reduces the local firm s output and raises the prices of all variants. Second, we find that neither free trade nor the...

Persistent link: https://www.econbiz.de/10011398110