Protection and Real Portfolio Incomes: A Stolper-Samuelson Relationship for the Very Short Run

Alan Day Haight

The Manchester School of Economic & Social Studies, 1994, vol. 62, issue 3, 313-18

Abstract: Of the four basic theorems of CRS trade theory, only the Stolper-Samuelson theorem has an application to the very short run. On impact, a small tariff increases the disposable real income of a representative portfolio if and only if the protected sector is more capital intensive than average. This proposition applies regardless of the weight of the protected commodity in the consumption basket and regardless of the number of goods or factors. Copyright 1994 by Blackwell Publishers Ltd and The Victoria University of Manchester

Date: 1994
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:manch2:v:62:y:1994:i:3:p:313-18

Access Statistics for this article

More articles in The Manchester School of Economic & Social Studies from University of Manchester Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().