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Tariffs, Capital Accumulation, and the Current Account in a Small Open Economy

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NBER1988-12-01 更新2025-01-04 收录
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This paper analyze these effects of a tariff in an intertemporal optimizing model, emphasizing the role of capital accumulation. Three types of increases in the tariff rate are considered: (i) unanticipated permanent; (ii) unanticipated temporary; (iii) anticipated permanent. There are two main

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1988-12-01
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