Growth, specialization, and trade liberalization

DC FieldValueLanguage
dc.contributor.authorDevereux, Michael B.-
dc.date.accessioned2009-10-01T16:27:07Z-
dc.date.available2009-10-01T16:27:07Z-
dc.date.issued1990-
dc.identifier.other199004en
dc.identifier.urihttp://hdl.handle.net/10197/1473-
dc.description.abstractThis paper examines a two-way interaction between trade liberalization and economic growth. Through dynamic increasing returns to specialization, international trade can increase world growth rates. But growth, through specialization, alters patterns of comparative advantage, changing the incentives to levy tariffs in a dynamic tariff game between governments. Two types of equilibria are analyzed. In one, average growth rates are low, tariffs are high and rising, the ratio of exports to income (the trade ratio) is low, and falls to zero asymptotically. In the other, growth rates are high, tariffs are low and falling, the trade ratio is higher, and rises over time. The conditions under which each type of equilibrium will be observed are investigated.en
dc.description.sponsorshipSocial Science and Humanities Research Council of Canadaen
dc.description.externalNotesA hard copy is available in UCD Library at GEN 330.08 IR/UNIen
dc.format.extent1098867 bytes-
dc.format.mimetypeapplication/pdf-
dc.language.isoenen
dc.publisherUniversity College Dublin. School of Economicsen
dc.relation.ispartofseriesUCD Centre for Economic Research Working Paper Seriesen
dc.relation.ispartofseriesWP90/4en
dc.subject.lcshFree tradeen
dc.subject.lcshEconomic developmenten
dc.subject.lcshCommercial policyen
dc.titleGrowth, specialization, and trade liberalizationen
dc.typeWorking Paperen
dc.internal.availabilityFull text availableen
dc.statusNot peer revieweden
dc.type.capturetechniquePDFimageen
dc.neeo.contributorDevereux|Michael B.|aut|-
item.grantfulltextopen-
item.fulltextWith Fulltext-
Appears in Collections:Economics Working Papers & Policy Papers
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