Commercial Policy, Allocative Efficiency, and “X-Efficiency”
The Quarterly Journal of Economics · 1974 · Volume 88 · Issue 3
Abstract
I. Introduction, 409. — II. The cost of protection, 411. — III. Numerical estimates, 417. — IV. Policy implications, 423. — Appendix 1: derivation of equations, 425. — Appendix 2: estimates for Brazil, 1967, 430.
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