Trade Policy, Income, and Employment / Robert E. Baldwin.

Format:

Book

Author/Creator:

Baldwin, Robert E.

Contributor:

National Bureau of Economic Research.

Series:

Working Paper Series (National Bureau of Economic Research) no. w1321.

NBER working paper series no. w1321

Language:

English

Subjects (All):

Commercial policy.

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 1984.

Cambridge, Massachussetts : National Bureau of Economic Research, [1984]

Summary:

Disappointing recent growth rates, the emergence of structurally unfavorable income and employment conditions, and important institutional changes in the international trading environment have caused policy officials in the advanced industrial nations to reconsider the proper mix of reactive versus active trade policy in easing adjustment to labor market disruptions and dealing with structural changes. This paper first examines the implications of traditional trade theory as well as the new theoretical developments emphasizing imperfect markets for this policy reevaluation. Alternative policy options are then considered within a framework that recognizes the imperfect real world conditions within which trade policies must operate.

Notes:

Print version record

April 1984.