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Distortions, factor proportions and efficiency losses : Argentina in the Latin American scenario (Английский)

This paper reports some orders of magnitude of the employment and income gains from resource reallocation that could be expected from removal of policy-induced distortions in the Argentina manufacturing sector. The data used in the analysis is from the early 1970's when Argentina was following import-substitution policies. The paper focuses attention on policy-induced distortions in factor markets. The results complement previous analysis regarding...
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