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Trade and Growth in the Presence of Distortions

Trade and Growth in the Presence of Distortions »

Volume/Issue: 2005/12

Series: IMF Working Papers

Author(s): Stephen Tokarick , and James Cassing

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2005

DOI: http://dx.doi.org/10.5089/9781451860313.001

ISBN: 9781451860313

Keywords: distortions, growth rate, factor accumulation, national income, world prices, growth rates, Open Economy Macroeconomics,

Tariffs and other policy distortions typically lower real national income relative to what it otherwise would have been for any given rate of factor accumulation. Even while lowering real income, however, policy di...

Trade and Growth in the Presence of Distortions

Trade and Growth in the Presence of Distortions »

Source: Trade and Growth in the Presence of Distortions

Volume/Issue: 2005/12

Series: IMF Working Papers

Author(s): Stephen Tokarick , and James Cassing

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2005

ISBN: 9781451860313

Keywords: distortions, growth rate, factor accumulation, national income, world prices, growth rates, Open Economy Macroeconomics,

Tariffs and other policy distortions typically lower real national income relative to what it otherwise would have been for any given rate of factor accumulation. Even while lowering real income, however, policy di...