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Author:Lopez, R.
Title:Synergy and investment efficiency effects of trade and labor market distortions
Journal:European Economic Review
1995 : AUG, VOL. 39:7, p. 1321-1344
Index terms:SYNERGY
INVESTMENT
EFFICIENCY
TRADE
Language:eng
Abstract:An alternative mechanisms by which trade and labor market distortions affect national income is introduced, namely, the effects of these distortions on the efficiency of investment. For the typical structure of protection of developing countries, the income losses due to reduced investment efficiency caused by trade distortions are likely to be many times larger than conventional losses. the potential synergistic (negative) effects of combining trade and labour market distortions commonly observed in developing countries are also emphasized.
SCIMA record nr: 138531
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