Investment in New Activities and the Welfare Cost of Uncertainty
收藏数据链接:
官方服务:
资源简介:
Recent literature has highlighted the importance of new activities in development and growth. It was shown that trade distortions such as tariffs are associated with first-order costs stemming from the induced drop in the formation of new activities. This paper demonstrates that uncertainty may
提供机构:
美国国家经济研究局创建时间:
1995-02-01



