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Complementarity and Increasing Returns in Intermediate Inputs: A Theoretical and Applied General-Equilibrium Analysis

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NBER1992-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w4179
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Conventional analysis in the trade-industrial-organization literature suggests that, when a country has some market power over an imported good, some small level of protection must be welfare improving. This is essentially a terms-of-trade argument that is reinforced if the imported goods are
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1992-10-01
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