Rent seeking and the North-South terms of trade

3Citations
Citations of this article
2Readers
Mendeley users who have this article in their library.
Get full text

Abstract

In this paper results are reported for a series of counterfactual experiments with an eight- region numerical general equilibrium model of world trade, production, and welfare. In these analyses trade restrictions in the developing world are modeled as quantity constrained import licensing, which generates competitive rent-seeking behavior. Model experiments concentrate on the implications of differential factor endowment growth for the North-South terms of trade, and the effects of alternative trade policy changes in developing countries. © 1984.

Cite

CITATION STYLE

APA

Hamilton, B., Mohammad, S., & Whalley, J. (1984). Rent seeking and the North-South terms of trade. Journal of Policy Modeling, 6(4), 485–511. https://doi.org/10.1016/0161-8938(84)90003-6

Register to see more suggestions

Mendeley helps you to discover research relevant for your work.

Already have an account?

Save time finding and organizing research with Mendeley

Sign up for free