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AA00260492-19860002-0057.pdf
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Title |
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PROTECTION AND FACTOR MOBILITY
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大山, 道廣
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オオヤマ, ミチヒロ
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OHYAMA, Michihiro
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Agricultural Economics, THE KEIO ECONOMIC SOCIETY Keio University
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Keio Economic Society, Keio University
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1986
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Keio economic studies
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23
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2
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1986
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57
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60
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Abstract |
This paper considers the response of output of a commodity to a rise in its own price under different degrees of international factor mobility. Generalizing Jones' (1984) analysis of the question in the context of international capital mobility, it shows that relaxing the quantitative restriction on any internationally mobile factor cannot but strengthen the restrictive effects of trade taxes on commodities and other mobile factors, and therefore, may be harmful to the country's economic welfare.
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