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• W3126113886 abstract "Abstract This paper analyzes the impact of a tariff on sectoral adjustments in an economy which produces two traded consumption goods, one of which is exported, and one nontraded investment good. The importance of sectoral capital intensities is emphasized. In particular, the qualitative dynamic adjustment depends upon the relative capital intensities of the import-competing consumption-good sector and the nontraded investment-good sector. Sectoral labor allocation effects are analyzed and the long-run effect on aggregate capital accumulation is shown to depend upon the relative capital intensities of the import and export sectors. Temporary as well as permanent tariffs are discussed." @default.
• W3126113886 created "2021-02-01" @default.
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• W3126113886 date "1991-01-01" @default.
• W3126113886 modified "2023-09-27" @default.
• W3126113886 title "Tariffs and sectoral adjustments in an open economy" @default.
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• W3126113886 doi "https://doi.org/10.1016/0165-1889(91)90027-x" @default.
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