Tariffs and the current account with short-run capital specificity

Kevin O'Rourke

Research output: Contribution to journalArticle

Abstract

Permanent tariff reductions are shown to result in a deterioration of the current account, even under intertemporal optimising by consumers. This is due to the assumption of short-run fixity and long-run mobility of capital.

Original languageEnglish (US)
Pages (from-to)67-70
Number of pages4
JournalEconomics Letters
Volume30
Issue number1
DOIs
StatePublished - Jan 1 1989

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Current account
Short-run
Tariffs
Specificity
Deterioration

ASJC Scopus subject areas

  • Economics and Econometrics
  • Finance

Cite this

Tariffs and the current account with short-run capital specificity. / O'Rourke, Kevin.

In: Economics Letters, Vol. 30, No. 1, 01.01.1989, p. 67-70.

Research output: Contribution to journalArticle

O'Rourke, Kevin. / Tariffs and the current account with short-run capital specificity. In: Economics Letters. 1989 ; Vol. 30, No. 1. pp. 67-70.
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