Import tariffs: the neutralization of the Dutch disease argument
Autor: | LUIZ CARLOS BRESSER-PEREIRA |
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Jazyk: | English<br />Portuguese |
Rok vydání: | 2023 |
Předmět: | |
Zdroj: | Brazilian Journal of Political Economy, Vol 43, Iss 1, Pp 299-303 (2023) |
Druh dokumentu: | article |
ISSN: | 1809-4538 0101-3157 |
DOI: | 10.1590/0101-31572023-3442 |
Popis: | ABSTRACT In economics, there is just one argument legitimising import tariffs - the infant industry argument -, but it ceases to be valid as the required learning time ends. This note offers a second argument: the neutralisation of the Dutch disease argument. If the country faces this competitive disadvantage, import tariffs and export subsidies may be a way of circumventing the problem. Many countries that industrialised were only successful because they pragmatically neutralised the disease with import tariffs. |
Databáze: | Directory of Open Access Journals |
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