Tariff change,foreign capital and immiserization: A theoretical analysis |
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Authors: | Jagdish N Bhagwati Ernesto Tironi |
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Institution: | M.I.T., Cambridge, MA 02139, USA;CIEPLAN, Santiago, Chile |
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Abstract: | This paper analyzes the possibility that tariff reductions in the presence of foreign capital may be immiserizing. Other impacts of tariff revisions in a Latin America-like context are also discussed. |
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