The Choice of Trade Regime: Delayed Reform under Productivity Fluctuations and Cost of Structural Change

K.H.M. Knarvik and J. Tvedt
Authors registered in the RePEc Author Service: Karen Helene Ulltveit-Moe

Working Papers from Norwegian School of Economics and Business Administration-

Abstract: Despite both theoretical and observable advantages of free trade, a number of countries have stuck to a restricted trade regime. Apparently, the gap between the inward oriented economies and the "free trade" world has allowed to become huge before these economies turned to a more outward oriented trade policy. As a supplement to the existing explanations for the hesitation to change trade regime, we present a model where the international productivity development is uncertain.

Keywords: TRADE POLICY; UNCERTAINTY (search for similar items in EconPapers)
JEL-codes: F13 F15 (search for similar items in EconPapers)
Pages: 17 pages
Date: 1997
References: Add references at CitEc
Citations:

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

Related works:
Journal Article: The choice of trade regime: delayed reform under productivity fluctuations and cost of structural change (1999)
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:fth:norgee:16/97

Access Statistics for this paper

More papers in Working Papers from Norwegian School of Economics and Business Administration- NORWEGIAN SCHOOL OF ECONOMICS AND BUSINESS ADMINISTRATION, HELLEVEIEN 30, 5035 BERGEN SANDVIKEN NORWAY.. Contact information at EDIRC.
Bibliographic data for series maintained by Thomas Krichel ().