Export-Share Requirements and Welfare in Less Developed Countries : A Three-Sector General Equilbrium Analysis  

Oleh:

Chao, Chi-Chur ; Yu, Eden S. H.

Jenis: Article from Bulletin/Magazine
Dalam koleksi: JOURNAL OF INTERNATIONAL TRADE & ECONOMIC DEVELOPMENT, The vol. 3 no. 1 (1994), page 33-50.
Topik: equilibrium; export - share; requirements; welfare; equilibrium

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Perpustakaan Pusat (Semanggi) Nomor Panggil: JJ35 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

This paper analyzes the welfare impacts of export - share requirements in a three - sector, general equilibrium, sector - specific unemployment model. We demonstrate that the favorable welfare impact of export - share requirements is mitigated by a rise in the unemployment ratio. In addition, we deduce the welfare impact of a change in tariff rate for a given level of export share. Our analysis suggests that the export - share requirement policy is always welfare improving in the long run. The policy may not improve welfare in the short or intermediate run, however; the condition under which export - share requirements are welfare enhancing is derived and interpreted.

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