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Measure and interpretation of effective protection in the presence of high capital costs.

By: Ettori, Francois M.
Material type: materialTypeLabelBookPublisher: Washington : World Bank, 1992Subject(s): Capital Costs | India -- Costs. -- India -- CostsSummary: The traditional measure of effective protection based on gross value added does not fully reflect the incentives of the protection structure when the domestic price of capital goods differs substantially from the international price.
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The traditional measure of effective protection based on gross value added does not fully reflect the incentives of the protection structure when the domestic price of capital goods differs substantially from the international price.

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