Trade and Growth in the Presence of Distortions /
Tariffs and other policy distortions typically lower real national income relative to what it otherwise would have been for any given rate of factor accumulation. Even while lowering real income, however, policy distortions may raise an economy's real measured growth rate and so, somewhat decei...
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Formaat: | Tijdschrift |
Taal: | English |
Gepubliceerd in: |
Washington, D.C. :
International Monetary Fund,
2005.
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Reeks: | IMF Working Papers; Working Paper ;
No. 2005/012 |
Online toegang: | Full text available on IMF |