Title of article
Tariffs in monopolistic competition models with leisure-consumption trade-off
Author/Authors
Richard Frensch، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2002
Pages
9
From page
255
To page
263
Abstract
This note introduces a leisure-consumption trade-off into monopolistic competition models resulting in ambiguous welfare effects of tariff protection. A small tariff is welfare reducing when the terms of trade effect is smaller than an international returns to scale effect.
Keywords
Monopolistic competition , Returns to scale , Intra-industry trade , Tariffs
Journal title
Economics Letters
Serial Year
2002
Journal title
Economics Letters
Record number
435048
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