Commercial policy intervention in intra-industry trade: A dual approach to general equilibrium analysis
type: CreativeWork
description: The theoretical consensus supporting free trade has been challenged in the 1980s by new developments in trade theory stressing imperfect competition and/or increasing returns to scale (IRS). It has been found that the exercise of trade policy to protect an IRS industry may benefit an economy, even if this economy can not influence the prices of foreign goods. Recent work, however, mostly remains partial and model-specific.
abstract: The theoretical consensus supporting free trade has been challenged in the 1980s by new developments in trade theory stressing imperfect competition and/or increasing returns to scale (IRS). It has been found that the exercise of trade policy to protect an IRS industry may benefit an economy, even if this economy can not influence the prices of foreign goods. Recent work, however, mostly remains partial and model-specific.
author: Lin, Hwan-Chyang
language: eng
keywords: Economics, Theory
date published: 2011-05-07T12:57:32Z
date modified: 2026-07-22T22:25:17Z
provider: University of Illinois - Urbana-Champaign
publisher: Networked Digital Library of Theses and Dissertations
type: WebPage
source organization: University of Illinois at Urbana-Champaign

PropertyValue
property ID: Handle
value: http://hdl.handle.net/2142/21073