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An empirical test of the infant industry argument (English)

The basic infant industry argument maintains that: the cost of a new activity is initially high; it does not pay any individual to enter an infant industry at free trade prices; if developed, the industry will permit a reasonable return on initial losses; and a temporary period of protection is required. This paper has attempted two things: to develop an empirical test for the validity of the infant industry argument and to use that test on Turkish...
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Krueger,Anne O.; Tuncer,Baran.

An empirical test of the infant industry argument (English). World Bank reprint series ; no. REP 284 Washington, D.C. : The World Bank. http://documents.worldbank.org/curated/en/160041468779376625

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