Disequilibrium analysis in developing economies : an overview (English)

A general theory of distortions in product and in factor markets distinguishes between endogenous and policy-imposed distortions. The literature has tended to focus on policy-imposed distortions in product markets, and on endogenous distortions in factor markets. This paper analyzes policy-imposed distortions in product and in factor markets of developing economies. Section I briefly describes the principal policy-imposed distortions observed, reviews...

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Author

Balassa, Bela;
Document Date
1982/01/01
Document Type
Journal Article
Report Number
REP241
Volume No
1
Total Volume(s)
1
Disclosure Date
2010/07/01
Doc Name
Disequilibrium analysis in developing economies : an overview
Keywords
factor market

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Citation

Balassa, Bela.

Disequilibrium analysis in developing economies : an overview (English). World Bank reprint series ; no. 241 Washington, D.C. : The World Bank. http://documents.worldbank.org/curated/en/819571468766776696

Disequilibrium analysis in developing economies : an overview (English)

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