Import tariffs: the neutralization of the Dutch disease argument

Autor: LUIZ CARLOS BRESSER-PEREIRA
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.
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