Publication Type

Journal Article

Version

publishedVersion

Publication Date

1-1971

Abstract

In a recent paper in this Review, J. Bhagwati and T. N. Srinivasan investigated the question of optimal policies required to attain non-economic objectives like ensuring minimum production and employment levels in particular industries as well as preventing excess importation and consumption of some goods. The framework of Bhagwati Srinivasan's analysis is the traditional trade model. In this note we consider three alternative models which allow for inter-industry linkages, the use of imported intermediate goods and non-traded goods. In addition to the non-economic objectives analyzed by Bhagwati-Srinivasan these models allow distinction between maintaining net and gross production levels as well as between employment of domestic and imported inputs.

Discipline

Economics | International Economics

Research Areas

International Economics

Publication

Review of Economic Studies

Volume

38

Issue

1

First Page

105

Last Page

111

ISSN

0034-6527

Identifier

10.2307/2296625

Publisher

Oxford University Press (OUP)

Copyright Owner and License

Publisher

Additional URL

https://doi.org/10.2307/2296625

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