Substitutability and Protectionism : Latin America's Trade Policy and Imports from China and India

Substitutability and Protectionism : Latin America's Trade Policy and Imports from China and India

This article examines the trade policy response of Latin American governments to the rapid growth of Chinese and Indian exports in world markets. To explain more protection in sectors where a large share of imports originates in China and India, the “protection for sale” model is extended to allow f...

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Bibliographic Details
Main Authors: Facchini, Giovanni, Olarreaga, Marcelo, Silva, Peri, Willmann, Gerald
Format: Journal Article
Language:en_US
Published: World Bank 2013
Subjects:
comparative advantage
economic research
elasticity
elasticity of substitution
equilibrium
export growth
exports
fixed costs
imperfect substitutes
import quotas
open economy
political economy
protectionism
trade barriers
trade deficit
trade policies
trade policy
utility function
world trade organization
WTO
Online Access:http://hdl.handle.net/10986/13448

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