Tariffs and Economic Development: A Comment.
Expert InsightsPublished 1966
Discussion of the effects of technical change in protected industry. The author finds that, while technical change may provide opportunities for new kinds of commodity substitutions that may affect a country adversely at first, continuing technical improvement will offset this--especially after domestic costs of previous imports are reduced and domestic prices fall below the previously protected level. 7 pp.
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- Copyright: RAND Corporation
- Availability: Web Only
- Year: 1966
- Pages: 7
- Document Number: P-3335
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