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development and underdevelopment including trade and FDI. Moreover, results in tax competition explain how the increased share of …
Persistent link: https://www.econbiz.de/10010764950
currently form the mainstay of global development policy. However, underdevelopment itself originated in the context of … simultaneous historical emergence of development and underdevelopment. So long as underdevelopment persists this generates a …
Persistent link: https://www.econbiz.de/10010823233
This paper develops a general equilibrium model with transaction costs and endogenous and exogenous comparative advantages. In the model, the governments are allowed to choose between tariff war, tariff negotiation, and laissez faire regimes. The model shows that the level of division of labor...
Persistent link: https://www.econbiz.de/10005794692