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Title: |
Public Spending on Industries, Private Investment and the Timing of
International Trade Policy Changes |
| Author: |
Anwar, Sajid |
| Author
Affiliation: |
Northern
Territory U and U of British Columbia |
| Source: |
International Economic Journal, Autumn 1991, v. 5, no. 3, pp. 17-30 |
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Publication Date: |
Autumn 1991 |
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Abstract: |
This paper incorporates public spending on
industries (in terms of a durable public intermediate good) into a
two-country, two-period, and two-sector, model with international labor
mobility. The relationship between international trade policies, private
investment, and public spending on industries has been examined. Due to
international labor mobility, a policy change in one country also affect
the relevant variables in the other country. The timing of the policy
change is shown to be critical. |
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