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Temporary Increases in Tariffs and Investment: The Chilean Experience

Hiroyuki Kasahara

Journal of Business & Economic Statistics, 2009, vol. 27, 113-127

Abstract: This article develops a structural dynamic programming model of investment and estimates the model using panel data on Chilean manufacturing plants for 19801983 at a substantially faster rate had there been no temporary increase in import prices associated with higher tariffs in the mid-1980s.

Date: 2009
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Citations: View citations in EconPapers (6)

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