Immiserizing Growth for a Small, Tariff-Ridden Economy: The (Ir)relevance of Inferior Goods
When Analyzing Immiserizing Growth For A Tariff-Ridden Small Country, The Ubiquitous Assumption Of Normality In Consumption Is Shown To Be Unnecessary. A Condition Implied By The Optimality Of Free Trade Preserves The Existing Results Even If Either Good Is Inferior.
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Volume (Year): 59 (2006)
Issue (Month): 3 ()
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