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Trade liberalisation and the distribution of welfare gains under imperfect competition

journal contribution
posted on 2023-06-08, 06:35 authored by Michael GasiorekMichael Gasiorek
This paper examines the effects on factor prices and welfare of partial trade liberalisation. The model is general equilibrium with two countries, two factors, and three sectors -- perfectly competitive, imperfectly competitive and trading resources. As trade is liberalised changes in factor prices and thus welfare may be non-monotonic even if the countries are identical. Differences across countries introduce Stolper-Samuelson considerations and affect the relative incentives for trade liberalisation across countries and factors.

History

Publication status

  • Published

Journal

Annales d'Economie et de Statistique

ISSN

0769-489X

Publisher

L'INSEE / GENES on behalf of ADRES

Volume

47

Page range

227-244

ISBN

0769489X

Department affiliated with

  • Economics Publications

Full text available

  • No

Peer reviewed?

  • Yes

Legacy Posted Date

2012-02-06

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