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On inferring resource-allocational implications from DRC calculations in trade-distorted small open economies

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  • Jagdish N. Bhagwati

    (Columbia University
    Yale University)

  • T. N. Srinivasan

    (Columbia University
    Yale University)

Abstract

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  • Jagdish N. Bhagwati & T. N. Srinivasan, 2019. "On inferring resource-allocational implications from DRC calculations in trade-distorted small open economies," Indian Economic Review, Springer, vol. 54(1), pages 75-88, December.
    • Handle: RePEc:spr:inecre:v:54:y:2019:i:1:d:10.1007_s41775-019-00071-4
    DOI: 10.1007/s41775-019-00071-4
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    References listed on IDEAS

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    1. Bhagwati, Jagdish N. & Srinivasan, T. N., 1971. "The theory of wage differentials: Production response and factor price equalisation," Journal of International Economics, Elsevier, vol. 1(1), pages 19-35, February.
    2. P. Diamond & J. Mirrlees, 1976. "Private Constant Returns and Public Shadow Prices," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 43(1), pages 41-47.
    3. Balassa, Bela & Schydlowsky, Daniel M, 1972. "Domestic Resource Costs and Effective Protection Once Again," Journal of Political Economy, University of Chicago Press, vol. 80(1), pages 63-69, Jan.-Feb..
    4. Srinivasan, T N & Bhagwati, Jagdish N, 1978. "Shadow Prices for Project Selection in the Presence of Distortions: Effective Rates of Protection and Domestic Resource Costs," Journal of Political Economy, University of Chicago Press, vol. 86(1), pages 97-116, February.
    5. Bhagwati, Jagdish N & Wan, Henry, Jr, 1979. "The "Stationarity" of Shadow Prices of Factors in Project Evaluation, with and without Distortions," American Economic Review, American Economic Association, vol. 69(3), pages 261-273, June.
    6. J. N. Bhagwati & H. Wang, Jr., 1977. "Shadow Prices in Project Evaluation With and Without Distortions, and With Many Goods and Factors," Working papers 205, Massachusetts Institute of Technology (MIT), Department of Economics.
    7. Findlay, Ronald & Wellisz, Stanislaw, 1976. "Project Evaluation, Shadow Prices, and Trade Policy," Journal of Political Economy, University of Chicago Press, vol. 84(3), pages 543-552, June.
    8. Bhagwati, Jagdish N. & Srinivasan, T. N., 1973. "The general equilibrium theory of effective protection and resource allocation," Journal of International Economics, Elsevier, vol. 3(3), pages 259-281, August.
    9. Bruno, M., 1973. "Protection and tariff change under general equilibrium," Journal of International Economics, Elsevier, vol. 3(3), pages 205-225, August.
    10. Bruno, Michael, 1972. "Domestic Resource Costs and Effective Protection: Clarification and Synthesis," Journal of Political Economy, University of Chicago Press, vol. 80(1), pages 16-33, Jan.-Feb..
    11. Anne O. Krueger, 1966. "Some Economic Costs of Exchange Control: The Turkish Case," Journal of Political Economy, University of Chicago Press, vol. 74(5), pages 466-466.
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