𝔖 Bobbio Scriptorium
✦   LIBER   ✦

THE EFFECTS ON NATIONAL ECONOMIC WELFARE OF ECONOMIC INTERFERENCE IN FAVOUR OF AGRICULTURE*

✍ Scribed by J. A. GROENEWALD


Book ID
114935971
Publisher
John Wiley and Sons
Year
1964
Tongue
English
Weight
508 KB
Volume
32
Category
Article
ISSN
0038-2280

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A linear-quadratic welfare maximization model is formulated to study the trade-offs between the political desirability and the economic cost of reducing foreign trade. The model is then applied to the case of Iran and a dynamic programming algorithm is employed to calculate the numerical values of t