Trade restrictions with imported intermediate inputs: when does the trade balance improve?.
By: Lopez, Ramon; Rodrik, Dani.
Material type:
BookPublisher: Washington : World Bank, 1989Subject(s): Trade Barriers | Trade -- Input-out analysis -- Income. -- Trade -- Input-out analysis -- Income. -- Trade -- Input-out analysis -- IncomeSummary: This paper contends that when imports are predominantly intermediate inputs, import restrictions act as a supply shock to the economy and therefore cannot always be relied on to improve the trade balance.
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This paper contends that when imports are predominantly intermediate inputs, import restrictions act as a supply shock to the economy and therefore cannot always be relied on to improve the trade balance.
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