International Trade, Distortions and Long-Run Economic Growth /

The links between trade and growth are examined in a neoclassical model of an open economy in which domestic production requires both domestic and imported inputs. The model shows that trade distortions induced by such government policies as tariffs and exchange controls generate cross-country diver...

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Автор: Lee, Jong-Wha
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 1992.
Серія:IMF Working Papers; Working Paper ; No. 1992/090
Онлайн доступ:Full text available on IMF
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245 1 0 |a International Trade, Distortions and Long-Run Economic Growth /  |c Jong-Wha Lee. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1992. 
300 |a 1 online resource (41 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a The links between trade and growth are examined in a neoclassical model of an open economy in which domestic production requires both domestic and imported inputs. The model shows that trade distortions induced by such government policies as tariffs and exchange controls generate cross-country divergences in growth rates and in per capita income over a long transitional period. The empirical results confirm that tariff rates and black market premia, interacting with an estimate of the share of free trade imports, have significant negative effects on the growth rate of per capita income across countries in the orders of magnitude predicted by the model. 
538 |a Mode of access: Internet 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1992/090 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1992/090/001.1992.issue-090-en.xml  |z IMF e-Library