The implications of trade barriers for sectoral diversification and macroeconomic stability in developing economies / prepared by Gabriel Srour.

The paper examines the implications of lower trade barriers for sectoral diversification and macroeconomic stability in developing economies with a large primary goods sector. It shows that lower trade barriers can have ambiguous effects on macroeconomic stability. It shows also that diversification...

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Bibliographic Details
Main Author: Srour, Gabriel, 1958- (Author)
Corporate Authors: International Monetary Fund, IMF Institute
Format: eBook
Language:English
Published: [Washington, D.C.] : International Monetary Fund, IMF Institute, 2006.
Series:IMF working paper ; WP/06/50.
Subjects:
Online Access:Click for online access

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100 1 |a Srour, Gabriel,  |d 1958-  |e author.  |1 https://id.oclc.org/worldcat/entity/E39PCjxcdXVywPP4K6pCpWRjhb 
245 1 4 |a The implications of trade barriers for sectoral diversification and macroeconomic stability in developing economies /  |c prepared by Gabriel Srour. 
260 |a [Washington, D.C.] :  |b International Monetary Fund, IMF Institute,  |c 2006. 
300 |a 1 online resource (24 pages). 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
347 |a data file  |2 rda 
490 1 |a IMF working paper,  |x 2227-8885 ;  |v WP/06/50 
504 |a Includes bibliographical references. 
588 0 |a Print version record. 
520 |a The paper examines the implications of lower trade barriers for sectoral diversification and macroeconomic stability in developing economies with a large primary goods sector. It shows that lower trade barriers can have ambiguous effects on macroeconomic stability. It shows also that diversification, in the form of equal distribution of resources between nonprimary sectors, may be counterproductive. In fact, investment in the nonprimary sector with lower trade barriers unambiguously enhances macroeconomic stability in a developing economy that is subject to substantial primary shocks. 
505 0 |a ""Contents""; ""I. INTRODUCTION""; ""II. THE BASELINE MODEL""; ""III. EQUILIBRIUM""; ""IV. ECONOMIC INTEGRATION AND DIVERSIFICATION""; ""V. RIGID WAGES""; ""VI. CONCLUSION""; ""APPENDIX: THE MODEL""; ""REFERENCES"" 
650 0 |a Non-tariff trade barriers  |z Developing countries  |x Econometric models. 
651 0 |a Developing countries  |x Commercial policy  |x Econometric models. 
650 7 |a Commercial policy  |x Econometric models  |2 fast 
651 7 |a Developing countries  |2 fast 
710 2 |a International Monetary Fund. 
710 2 |a IMF Institute. 
776 0 8 |i Print Version:  |z 9781451908466 
830 0 |a IMF working paper ;  |v WP/06/50. 
856 4 0 |u https://ebookcentral.proquest.com/lib/holycrosscollege-ebooks/detail.action?docID=3014374  |y Click for online access 
903 |a EBC-AC 
994 |a 92  |b HCD