TY  - JOUR
AU  - Baldwin,Robert E.
TI  - Trade Policy, Income, and Employment
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 1321
PY  - 1984
Y2  - April 1984
UR  - http://www.nber.org/papers/w1321
L1  - http://www.nber.org/papers/w1321.pdf
N1  - Author contact info:
Robert E. Baldwin
University of Wisconsin-Madison
Department of Economics
7321 Social Science Building
1180 Observatory Drive
Madison, WI  53706
Tel: 608/263-7397
Fax: 608/263-3876;608/233-8284
E-Mail: rebaldwi@facstaff.wisc.edu
AB  - Disappointing recent growth rates, the emergence of structurally unfavorable income and employment conditions, and important institutional changes in the international trading environment have caused policy officials in the advanced industrial nations to reconsider the proper mix of reactive versus active trade policy in easing adjustment to labor market disruptions and dealing with structural changes. This paper first examines the implications of traditional trade theory as well as the new theoretical developments emphasizing imperfect markets for this policy reevaluation. Alternative policy options are then considered within a framework that recognizes the imperfect real world conditions within which trade policies must operate.
ER  -