Lymar, Maria S.; Reentovich, Alexander A.; Sinyakov, … - In: Russian journal of economics 10 (2024) 2, pp. 103-129
be taken into account in decision making on industrial policy. If efficiency of import-substitution is asymmetric and … consider several scenarios with different assumptions about the efficiency of import substitution, which is defined along two … dimensions (for consumers as well as for producers). The results show that trade restrictions make import substitution optimal …