| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP58 |
| DP58 International Capital Mobility, Shadow Prices and the Cost of Protection | |
| Peter Neary; Frances Ruane | |
| 发表日期 | 1985-03-01 |
| 出版年 | 1985 |
| 语种 | 英语 |
| 摘要 | This paper studies the welfare losses from tariff protection in a general model of a small open economy where some factors are internationally mobile. It is shown that, as long as the economy remains incompletely specialised international factor mobility must raise the cost of protection. This result is illustrated in the context of the specific-factors and Heckscher-Ohlin models. In addition, we examine its relationship to earlier work on immiserising capital inflows and on negative shadow prices for factors of production. This allows us to synthesise a number of recent results within a common framework. |
| 主题 | International Trade and Regional Economics |
| 关键词 | International capital mobility Protection Shadow prices Tariff-induced factor movements |
| URL | https://cepr.org/publications/dp58 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529214 |
| 推荐引用方式 GB/T 7714 | Peter Neary,Frances Ruane. DP58 International Capital Mobility, Shadow Prices and the Cost of Protection. 1985. |
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