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In this study we assume that government is distorted as it is open to the influence of producers' collective action. Remaining within the confines of industrial policy debates, the study draws attention to the role that institutional arrangements and asymmetries in sectoral technology absorption...
Persistent link: https://www.econbiz.de/10014206399
Persistent link: https://www.econbiz.de/10003534953
Commodity price volatility in international markets has been used to justify numerous policy interventions, including the need for buffer stocks and counter-cyclical payments. The common measure of volatility, the standard deviation or coefficient of variation, likely overstates the actual...
Persistent link: https://www.econbiz.de/10013080660
This dissertation extends the Grossman-Helpman models of endogenous trade policy formation to incorporate local and global production and consumption externalities, and to allow governments to choose domestic production or consumption policies together with trade interventions. The models...
Persistent link: https://www.econbiz.de/10009433982