Browsing by Author "4228b3b3-b157-4c87-9dce-39fc9764d762"
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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 ...
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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 ...