Dynamics of trade liberalization policy

Joshua Aizenman

doi:10.1016/0304-3878(83)90055-X

Dynamics of trade liberalization policy

Joshua Aizenman

Research output: Contribution to journal › Article › peer-review

2 Scopus citations

Abstract

This paper analyzes the dynamics of trade liberalization policies in the presence of adjustment costs. The discussion focuses on modeling the nature of those costs, and the interaction between wages and resource reallocation during the adjustment; also it highlights the role that human capital plays in the adjustment process.

Original language	English
Pages (from-to)	133-142
Number of pages	10
Journal	Journal of Development Economics
Volume	13
Issue number	1-2
DOIs	https://doi.org/10.1016/0304-3878(83)90055-X
State	Published - 1 Jan 1983
Externally published	Yes

ASJC Scopus subject areas

Development
Economics and Econometrics

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10.1016/0304-3878(83)90055-X

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Dynamics of trade liberalization policy

Abstract

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