LEADER 04167oam 22010454 450 001 9910788409003321 005 20230828232703.0 010 $a1-4623-0844-9 010 $a1-4527-9656-4 010 $a1-283-51320-X 010 $a9786613825650 010 $a1-4519-0846-6 035 $a(CKB)3360000000443557 035 $a(EBL)3014374 035 $a(SSID)ssj0000939897 035 $a(PQKBManifestationID)11600603 035 $a(PQKBTitleCode)TC0000939897 035 $a(PQKBWorkID)10937827 035 $a(PQKB)10016659 035 $a(OCoLC)698585610 035 $a(MiAaPQ)EBC3014374 035 $a(IMF)WPIEE2006050 035 $a(EXLCZ)993360000000443557 100 $a20020129d2006 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 14$aThe Implications of Trade Barriers for Sectoral Diversification and Macroeconomic Stability in Developing Economies /$fGabriel Srour 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2006. 215 $a1 online resource (26 p.) 225 1 $aIMF Working Papers 300 $a"February 2006". 311 $a1-4518-6310-1 320 $aIncludes bibliographical references. 327 $a""Contents""; ""I. INTRODUCTION""; ""II. THE BASELINE MODEL""; ""III. EQUILIBRIUM""; ""IV. ECONOMIC INTEGRATION AND DIVERSIFICATION""; ""V. RIGID WAGES""; ""VI. CONCLUSION""; ""APPENDIX: THE MODEL""; ""REFERENCES"" 330 3 $aThe paper examines the implications of lower trade barriers for sectoral diversification and macroeconomic stability in developing economies with a large primary goods sector. It shows that lower trade barriers can have ambiguous effects on macroeconomic stability. It shows also that diversification, in the form of equal distribution of resources between nonprimary sectors, may be counterproductive. In fact, investment in the nonprimary sector with lower trade barriers unambiguously enhances macroeconomic stability in a developing economy that is subject to substantial primary shocks. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2006/050 606 $aNon-tariff trade barriers$zDeveloping countries$xEconometric models 606 $aExports and Imports$2imf 606 $aLabor$2imf 606 $aMacroeconomics$2imf 606 $aMonetary Policy$2imf 606 $aEconomic Integration$2imf 606 $aOpen Economy Macroeconomics$2imf 606 $aTrade Policy$2imf 606 $aInternational Trade Organizations$2imf 606 $aWages, Compensation, and Labor Costs: General$2imf 606 $aAggregate Factor Income Distribution$2imf 606 $aTrade: General$2imf 606 $aInternational economics$2imf 606 $aLabour$2imf 606 $aincome economics$2imf 606 $aTrade barriers$2imf 606 $aWages$2imf 606 $aReal wages$2imf 606 $aIncome$2imf 606 $aExports$2imf 606 $aCommercial policy$2imf 607 $aDeveloping countries$xCommercial policy$xEconometric models 615 0$aNon-tariff trade barriers$xEconometric models. 615 7$aExports and Imports 615 7$aLabor 615 7$aMacroeconomics 615 7$aMonetary Policy 615 7$aEconomic Integration 615 7$aOpen Economy Macroeconomics 615 7$aTrade Policy 615 7$aInternational Trade Organizations 615 7$aWages, Compensation, and Labor Costs: General 615 7$aAggregate Factor Income Distribution 615 7$aTrade: General 615 7$aInternational economics 615 7$aLabour 615 7$aincome economics 615 7$aTrade barriers 615 7$aWages 615 7$aReal wages 615 7$aIncome 615 7$aExports 615 7$aCommercial policy 700 $aSrour$b Gabriel$01546542 712 02$aInternational Monetary Fund. 712 02$aIMF Institute. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910788409003321 996 $aThe Implications of Trade Barriers for Sectoral Diversification and Macroeconomic Stability in Developing Economies$93802226 997 $aUNINA