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Credibility of trade policy reform and investment: the Mexican experience

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  • Ibarra, Luis Alberto
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    Article provided by Elsevier in its journal Journal of Development Economics.

    Volume (Year): 47 (1995)
    Issue (Month): 1 (June)
    Pages: 39-60

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    Handle: RePEc:eee:deveco:v:47:y:1995:i:1:p:39-60

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    Web page: http://www.elsevier.com/locate/devec

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    1. Jorgenson, Dale W, 1971. "Econometric Studies of Investment Behavior: A Survey," Journal of Economic Literature, American Economic Association, vol. 9(4), pages 1111-47, December.
    2. Joshua Aizenman, 1991. "Trade Reforms, Credibility, and Development," NBER Working Papers 3600, National Bureau of Economic Research, Inc.
    3. Pindyck, Robert S, 1991. "Irreversibility, Uncertainty, and Investment," Journal of Economic Literature, American Economic Association, vol. 29(3), pages 1110-48, September.
    4. Sebastian Edwards, 1989. "Openness, Outward Orientation, Trade Liberalization and Economic Performance in Developing Countries," NBER Working Papers 2908, National Bureau of Economic Research, Inc.
    5. Dani Rodrik, 1989. "Policy Uncertainty and Private Investment in Developing Countries," NBER Working Papers 2999, National Bureau of Economic Research, Inc.
    6. Buffie, Edward F., 1991. "Commercial policy, growth and the distribution of income in a dynamic trade model," Journal of Development Economics, Elsevier, vol. 37(1-2), pages 1-30, November.
    7. Matsuyama, Kiminori, 1990. "Perfect Equilibria in a Trade Liberalization Game," American Economic Review, American Economic Association, vol. 80(3), pages 480-92, June.
    8. Jonathan Eaton & Gene M. Grossman, 1985. "Tariffs as Insurance: Optimal Commercial Policy When Domestic Markets Are Incomplete," Canadian Journal of Economics, Canadian Economics Association, vol. 18(2), pages 258-72, May.
    9. Calvo, Guillermo A., 1987. "On the costs of temporary policy," Journal of Development Economics, Elsevier, vol. 27(1-2), pages 245-261, October.
    10. Charles Engel & Kenneth Kletzer, 1987. "Trade Policy under Endogenous Credibility," NBER Working Papers 2449, National Bureau of Economic Research, Inc.
    11. Martin Feldstein, 1983. "Inflation, Tax Rules, and Investment: Some Econometric Evidence," NBER Chapters, in: Inflation, Tax Rules, and Capital Formation, pages 243-286 National Bureau of Economic Research, Inc.
    12. Rodrik, Dani, 1990. "How should structural adjustment programs be designed?," World Development, Elsevier, vol. 18(7), pages 933-947, July.
    13. Staiger, Robert W & Tabellini, Guido, 1987. "Discretionary Trade Policy and Excessive Protection," American Economic Review, American Economic Association, vol. 77(5), pages 823-37, December.
    14. Dani Rodrik, 1988. "Promises, Promises: Credible Policy Reform via Signaling," NBER Working Papers 2600, National Bureau of Economic Research, Inc.
    15. Dornbusch, Rudiger, 1990. "The New Classical Macroeconomics and Stabilization Policy," American Economic Review, American Economic Association, vol. 80(2), pages 143-47, May.
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    Cited by:
    1. Calì, Massimiliano & Sen, Kunal, 2011. "Do Effective State Business Relations Matter for Economic Growth? Evidence from Indian States," World Development, Elsevier, vol. 39(9), pages 1542-1557, September.
    2. Yago, Milton & Morgan, Wyn, 2008. "The impact of policy reversal on economic performance in Sub-Saharan Africa," European Journal of Political Economy, Elsevier, vol. 24(1), pages 88-106, March.
    3. Prema-Chandra Athukorala & Kunal Sen, 1996. "Reforms And Investment In India," Departmental Working Papers 1996-06, The Australian National University, Arndt-Corden Department of Economics.
    4. Kathuria, Vinish & Natarajan, Rajesh Raj & Sen, Kunal, 2010. "Does the institution of State Business Relations matter for Firm Performance? – A study of Indian Manufacturing," MPRA Paper 23053, University Library of Munich, Germany.
    5. Piazolo, Daniel, 1997. "Gaining credibility and enhancing economic growth through regional integration: The case for EU membership of Eastern Europe," Kiel Working Papers 837, Kiel Institute for the World Economy.
    6. Serven, Luis, 1997. "Uncertainty, instability, and irreversible investment : theory, evidence, and lessons for Africa," Policy Research Working Paper Series 1722, The World Bank.

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