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We use a simple three-sector model to narrate the economic history of Argentina during the twentieth century as seen … primary and secondary sectors more slowly than labor moves between the secondary and tertiary sectors, we show that import-substitution … changes that paved the way for import-substitution industrialization during the post-war period. Even if this inward …
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needed to develop some new capabilities and industries, trade protectionism is neither a necessary nor a sufficient tool and …
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Governments in more developed economies partially compensate import-competing industries when world prices fall, i.e. they lean against the wind. In less developed economies we often observe liberalization in response to the same shock. We use a political-support maximization model with revenue...
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We analyze general equilibrium relationships between trade policy and the household distribution of income, decomposing social welfare into real income level and variance components through Gini and Atkinson indexes. We embed these inequality-adjusted social welfare functions in a general...
Persistent link: https://www.econbiz.de/10011337398
This paper empirically explores the connection between two recent phenomena in the European scenario: the dramatic upsurge of non-tariff trade measures and the remarkable rise in the role of European business lobbies. While these two facts have been widely recognized by the international trade...
Persistent link: https://www.econbiz.de/10010361404