Free Trade Versus Protectionism. Promoting Competition in Bulgaria as an Anti-Inflationary Factor

Radoslav Krastev
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Radoslav Krastev: Agency for Economic Analysis and Forecasting

No 11998en, Working paper series from Agency for Economic Analysis and Forecasting

Abstract: This paper promotes competition as an anti-inflationary factor, aiming to estimate the fixed exchange rate effect on the overall price level under free trade regime versus protectionism. Domestic and external competition impacts have been examined separately. The disadvantages of protecting local producers have been also analyzed.

Keywords: Inflation; competition; protectionism; free trade (search for similar items in EconPapers)
JEL-codes: E31 F14 (search for similar items in EconPapers)
Pages: 28 pages
Date: 1998
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Citations: View citations in EconPapers (1)

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