1987
DOI: 10.1016/0304-3878(87)90019-8
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The macroeconomic effect of import controls

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Cited by 12 publications
(6 citation statements)
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“…This is so regardless of whether the tariff is meant to induce substitution in production ( 7 , ) or in consumption ( T , ) . Buffie (1984), Ocampo (1987) and Rodrik (1987) argue that trade liberalization is likely to increase unemployment. Although their models are very different from the one developed here, their employment results are somewhat analogous to the results in this paper.…”
Section: Consumption C In Period T Is Measured By the Consumption Indexmentioning
confidence: 96%
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“…This is so regardless of whether the tariff is meant to induce substitution in production ( 7 , ) or in consumption ( T , ) . Buffie (1984), Ocampo (1987) and Rodrik (1987) argue that trade liberalization is likely to increase unemployment. Although their models are very different from the one developed here, their employment results are somewhat analogous to the results in this paper.…”
Section: Consumption C In Period T Is Measured By the Consumption Indexmentioning
confidence: 96%
“…Then, only intraperiod substitution matters, and increased unemployment is the likely result of trade liberalization. Compared with Ocampo (1987) and Rodrik (1987), our model has two additional factors affecting the employment response to trade liberalization: the first is intertemporal substitution, and the second is wage formation. The latter is also studied by Buffie (1984), who reaches a conclusion contrary to ours.…”
Section: Consumption C In Period T Is Measured By the Consumption Indexmentioning
confidence: 99%
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“…Here we realistically assume unemployment of unskilled labour, opening up for a possible effect on total employment. Theoretical studies by Buffie (1984) and Ocampo (1987) have shown that trade liberalisation can be contractionary in this situation. Ocampo emphasises demand switching, while Buffie assumes higher intermediate import costs.…”
Section: Short-run Consequences Of Trade Liberalisation: Theorymentioning
confidence: 98%
“…Outside Zimbabwe, both donors and the Bretton Woods institutions argued for liberalisation and would increase funding. Inside the country, the powerful Confederation of Zimbabwe Industries changed its opposition to trade liberalisation around 1987-88. Skalnes (1995 reports increasing concerns about the growth effects of regulation inside the ruling party ZANU (PF).…”
Section: Introductionmentioning
confidence: 99%