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Los Efectos de una Desgravación Arancelaria en el Contexto de una Economía con Movilidad Imperfecta de Trabajo

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Author Info
Fernando Coloma () (Instituto de Economía. Pontificia Universidad Católica de Chile.)
Luis Felipe Lagos () (Instituto de Economía. Pontificia Universidad Católica de Chile.)

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Abstract

This paper investigates the short run effect of a change in the relative price of imports to exports, in a context of specific capital and labor movement subject to adjustment costs. We present a graphical and mathematical (dynamic) analysis of the adjustment process, concentrating on real wages and labor allocation between sectors. We also examine the implications for income distribution.

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Publisher Info
Article provided by Instituto de Economía. Pontificia Universidad Católica de Chile. in its journal Cuadernos de Economía.

Volume (Year): 23 (1986)
Issue (Month): 69 ()
Pages: 145-172
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Handle: RePEc:ioe:cuadec:v:23:y:1986:i:69:p:145-172

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