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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w4179 |
来源ID | Working Paper 4179 |
Complementarity and Increasing Returns in Intermediate Inputs: A Theoretical and Applied General-Equilibrium Analysis | |
Florencio Lopez-de-Silane; James R. Markusen; Thomas F. Rutherford | |
发表日期 | 1992-10-01 |
出版年 | 1992 |
语种 | 英语 |
摘要 | Conventional analysis in the trade-industrial-organization literature suggests that, when a country has some market power over an imported good, some small level of protection must be welfare improving. This is essentially a terms-of-trade argument that is reinforced if the imported goods are substitutes for domestic goods produced with increasing returns to scale, goods that are initially underproduced in free-trade equilibrium. This paper notes that this result may not hold when (1) the imports are intermediates used in a domestic increasing-returns industry, and/or (2) the intermediates are complements for domestic inputs produced with increasing returns. We then demonstrate such an outcome with respect to Mexican protection against imported auto parts using an applied general-equilibrium model of the North American auto industry. |
URL | https://www.nber.org/papers/w4179 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/561534 |
推荐引用方式 GB/T 7714 | Florencio Lopez-de-Silane,James R. Markusen,Thomas F. Rutherford. Complementarity and Increasing Returns in Intermediate Inputs: A Theoretical and Applied General-Equilibrium Analysis. 1992. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w4179.pdf(191KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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