Trade Policy in Developing Countries

By Edward F. Buffie | Go to book overview
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Index
Ahmad, J., 93
Allen—Uzawa elasticity of substitution, 11–12, 29; and technology in optimal trade policy model, 128
allocative efficiency: and optimal tariff, 247–8
Argentina: liberalization in, 189
Arrow, K., 113; theorem, 115
Aw, B., 94
Bahmani-Oskooee, M., 93
balance of payments, 6; impact of liberalization on, 197, 201–10, 224, 227–8. See also payment deficits
Balassa, B., 33
Bardhan, P., 90
Becker, R., 114
Behrman, J., 150
Ben-David, D., 95
Berndt, E., 150
Bhagwati, J., 187
Boyd, J., 114
Brazil: and effective rate of protection, 33; and infant industry argument for protection, 64; and impact of liberalization on employment, 190n8; and success of ISI, 170
Calvo, Guillermo, 6, 244, 245, 246, 247, 248, 252, 260, 263, 279, 280
Cameroon: and impact of liberalization on employment, 192
capital: cost share in model, 151; crowding in of domestic by foreign investment in enclave, 316, 318; crowding out of domestic by foreign, 7, 293–4, 308, 309, 312, 321, 330; elasticities of substitution in model, 150, 151; and foreign investment in enclave, 316; and foreign investment in export sector, 328–30; market distortion, 65, 68–9; in optimal trade policy model, 127, 129–30, 134, 157–61, 171, 180, 184; and plain vanilla foreign investment, 294, 295, 310–12; and temporary shocks, 240. See also underinvestment
capital account: and payment deficit, 278–81
capital stock: transition paths for under plain vanilla foreign investment, 298–304
CES. See constant elasticity of substitution
Chenery, H., 149
Chiang, A., 113
Chile: and impact of liberalization on employment, 190n7; and impact of liberalization on plant size, 82–3
China: and foreign investment enclaves, 315
Choksi, A., 188, 231
Chung, S., 94
Clerides, S, 94
Cnossen, S., 149
Colombia, 82–3, 94, 151, 153; and success of ISI, 170
conceptual general equilibrium model, 150
constant relative risk aversion utility function, 22–5, 49
constant elasticity of substitution (CES): and duality theory, 10, 22–5; and constant relative risk aversion functions, 40, 42, 49–51, 143. See also constant relative risk aversion
consumer goods imports: impact of foreign exchange auctions on, 228–9
consumer spending: under temporary liberalization, 243–4
consumption: impact of lack of credibility on, 291, 292; shares in model, 147, 148; elasticity of substitution in model, 149; distortion, 44, 45; in optimal trade policy model, 129–30
Corbo, V., 82, 150
cost function: in duality theory, 9–13
Cote d'Ivoire: and foreign investment in domestic manufacturing sector, 307; and impact of liberalization on employment, 191; and success of ISI, 170, 186

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