Article ID Journal Published Year Pages File Type
965404 Journal of the Japanese and International Economies 2012 18 Pages PDF
Abstract
► We examine the effects of liberalization on industrial location and national welfare. ► We incorporate trade costs in both differentiated-good and homogeneous-good sectors. ► The impacts of liberalization in these sectors on welfare are different from each other. ► If an industry is liberalized while the other is protected, a conflict might occur. ► Appropriate liberalization in both sectors is effective to alleviate such a conflict.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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