Gilberto Tadeu Lima (FEA-USP) Mário Augusto Bertella (FITO)
Abstract
paper develops a post-keynesian dynamic model to analyze the impact of quantitative changes in import tariffs on capacity utilization and growth. It is shown that even in case a tariff reduction leads to a rise in labor produtivity and/or to a fall in markups, it may well have a negative impact on capacity utilization and/or growth.
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Length: Date of creation: 2003 Date of revision: Handle: RePEc:anp:en2003:c04
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Find related papers by JEL classification: F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance
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