Some Aspects of Protection Further Considered

Frank D. Graham

The Quarterly Journal of Economics, 1923, vol. 37, issue 2, 199-227

Abstract: Persistence of protectionist sentiment and its causes. — The principle of comparative advantage not an infallible guide in the economics of commercial policy, 203. — Effect of increasing and decreasing unit costs, 205. — Mathematical demonstration, 207. — Suggested tests for the modification of the principle of comparative advantage, 210. — Analysis of the "unit of productive power," 212. — Effect of a change in the composition of this unit, 213. — Protection as an agent in bringing about such a change, 216. — Extension of the infant-industry argument to cover infant finance, 218. — Past and future relation of protection and prosperity, 225.

Date: 1923
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