Differential Tariffs, Negative Value-Added and the Theory of Effective Protection
This article examines the implications for effective protection(EP) theory of allowing variable factor proportions and general equilibrium repercussions. The first claim of EP theory, is that it provides a measure of the maximum proportionate increase in factor rewards permitted by a tariff structur...
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
1970
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Online Access: | https://ink.library.smu.edu.sg/soe_research/4 https://ink.library.smu.edu.sg/context/soe_research/article/1003/viewcontent/Differential_Tariffs_1970_pv.pdf |
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Institution: | Singapore Management University |
Language: | English |