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Import tariffs: the neutralization of the Dutch disease argument.
- Source :
-
Brazilian Journal of Political Economy / Revista de Economia Política . jan-mar2023, Vol. 43 Issue 1, p299-303. 5p. - Publication Year :
- 2023
-
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. [ABSTRACT FROM AUTHOR]
- Subjects :
- *ARGUMENT
*INFANT diseases
*IMPORTS
*TARIFF
*LEARNING
*SUBSIDIES
Subjects
Details
- Language :
- English
- ISSN :
- 01013157
- Volume :
- 43
- Issue :
- 1
- Database :
- Academic Search Index
- Journal :
- Brazilian Journal of Political Economy / Revista de Economia PolĂtica
- Publication Type :
- Academic Journal
- Accession number :
- 162152447
- Full Text :
- https://doi.org/10.1590/0101-31572023-3442