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Input Substitution and the Concept of the Effective Rate of Protection

Authors: Ethier, Wilfred;

Input Substitution and the Concept of the Effective Rate of Protection

Abstract

The concept of effective protection was originally formulated under the assumption of fixed intermediate input coefficients. This paper investigates the difficulties that arise when these coefficients may vary. The article distinguishes two goals of effective rates which can both be met by a single measure when input coefficients are fixed but which necessitate distinct measures when they are variable. The paper attempts to define precisely and derive rigorously in a general equilibrium setting measures of effective protection, and discusses the relation of these measures to the existing literature and the implications of the resulting formulas for applications of the concept.

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    influence
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Powered by OpenAIRE graph
Found an issue? Give us feedback
selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
14
Average
Top 10%
Average
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