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Learning by Doing and Infant Industry Protection: A Partial Equilibrium Approach.

In this article, researchers S. Clemhout and H.Y. Wan, using a general equilibrium analysis, derived the optimal pricing policy for an open two-sector economy where technological change of the learning-by-doing type occurs. This note contains a much simpler approach to the same general topic of infa...

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Published in:Review of Economic Studies Vol. 43; no. 1; pp. 175 - 179
Main Authors: Feder, Gershon, Schmitz, Andrew
Format: Article
Published: Oxford University Press / USA Feb76
Subjects:
Pricing
Economic equilibrium
Economics
Commodity exchanges
Economic demand
Prices
Surplus (Economics)
Wan, H. Y.
Clemhout, S.
Online Access:View this record in EBSCOhost