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Free Trade Versus Protectionism. Promoting Competition in Bulgaria as an Anti-Inflationary Factor

Author

Listed:
  • Radoslav Krastev

    (Agency for Economic Analysis and Forecasting)

Abstract

This paper promotes competition as an anti-inflationary factor, aiming to estimate the fixed exchange rate effect on the overall price level under free trade regime versus protectionism. Domestic and external competition impacts have been examined separately. The disadvantages of protecting local producers have been also analyzed.

Suggested Citation

  • Radoslav Krastev, 1998. "Free Trade Versus Protectionism. Promoting Competition in Bulgaria as an Anti-Inflationary Factor," Working paper series 11998en, Agency for Economic Analysis and Forecasting.
    • Handle: RePEc:eaf:wpaper:11998en
    as

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    File URL: http://www.aeaf.minfin.bg/bg/izdaniq/P_16_e.pdf
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    References listed on IDEAS

    as
    1. Winston, Clifford, 1993. "Economic Deregulation: Days of Reckoning for Microeconomists," Journal of Economic Literature, American Economic Association, vol. 31(3), pages 1263-1289, September.
    2. Dexter, Albert S & Levi, Maurice D & Nault, Barrie R, 1993. "Freely Determined versus Regulated Prices: Implications for the Measured Link between Money and Inflation," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 25(2), pages 222-230, May.
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    Cited by:

    1. Tsvetan Manchev, 2002. "Management of Capital Inflows in Bulgaria," Working paper series 12002en, Agency for Economic Analysis and Forecasting.

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    More about this item

    Keywords

    Inflation; competition; protectionism; free trade;
    All these keywords.

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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