Commercial Policy, Allocative Efficiency, and "X-Efficiency"
- 1 August 1974
- journal article
- Published by Oxford University Press (OUP) in The Quarterly Journal of Economics
- Vol. 88 (3) , 409-433
- https://doi.org/10.2307/1881943
Abstract
I. Introduction, 409. — II. The cost of protection, 411. — III. Numerical estimates, 417. — IV. Policy implications, 423. — Appendix 1: derivation of equations, 425. — Appendix 2: estimates for Brazil, 1967, 430.Keywords
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