Now showing items 1-2 of 2

    • Fixed price controls and ad valorem distortions in an open economy 

      Chambers, Robert G.; López Vega, Ramón (Elsevier, 1993)
      This paper compares the welfare effects of ad valorem and fixed-price distortions for an open economy. In the case of export protection, domestic factor growth is much more likely to be immiserizing when fixed-price ...
    • Public investment and real price supports 

      Chambers, Robert G.; López Vega, Ramón (Elsevier, 1993)
      The social rate of return to public investment in industries with fixed real-price supports is studied using a simple general-equilibrium model. Fixed real-price supports are shown to enhance the likelihood of immiserizing ...