Incremental trade policy and endogenous
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Richard E. Baldwin; Rikard Forslid
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Article
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1999
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Elsevier Science
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English
β 207 KB
Most trade-and-growth studies focus on the growth effects of autarky-to-free-trade changes, rather than those of incremental liberalisations. This paper characterizes how the strength and sign of openness-and-growth links depend upon the nature and level of trade barriers. For most types of trade ba