LEADER 04386oam 22011414 450 001 9910964531503321 005 20250426110528.0 010 $a9786613825650 010 $a9781462308446 010 $a1462308449 010 $a9781452796567 010 $a1452796564 010 $a9781283513203 010 $a128351320X 010 $a9781451908466 010 $a1451908466 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(IMF)WPIEA2006050 035 $aWPIEA2006050 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 205 $a1st ed. 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2006. 215 $a1 online resource (26 p.) 225 1 $aIMF Working Papers 300 $a"February 2006". 311 08$a9781451863109 311 08$a1451863101 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 $aAggregate Factor Income Distribution$2imf 606 $aCommercial policy$2imf 606 $aEconomic Integration$2imf 606 $aExports and Imports$2imf 606 $aExports$2imf 606 $aIncome economics$2imf 606 $aIncome$2imf 606 $aInternational economics$2imf 606 $aInternational Trade Organizations$2imf 606 $aLabor$2imf 606 $aLabour$2imf 606 $aMacroeconomics$2imf 606 $aMonetary Policy$2imf 606 $aOpen Economy Macroeconomics$2imf 606 $aReal wages$2imf 606 $aTrade barriers$2imf 606 $aTrade Policy$2imf 606 $aTrade: General$2imf 606 $aWages$2imf 606 $aWages, Compensation, and Labor Costs: General$2imf 607 $aDeveloping countries$xCommercial policy$xEconometric models 615 0$aNon-tariff trade barriers$xEconometric models. 615 7$aAggregate Factor Income Distribution 615 7$aCommercial policy 615 7$aEconomic Integration 615 7$aExports and Imports 615 7$aExports 615 7$aIncome economics 615 7$aIncome 615 7$aInternational economics 615 7$aInternational Trade Organizations 615 7$aLabor 615 7$aLabour 615 7$aMacroeconomics 615 7$aMonetary Policy 615 7$aOpen Economy Macroeconomics 615 7$aReal wages 615 7$aTrade barriers 615 7$aTrade Policy 615 7$aTrade: General 615 7$aWages 615 7$aWages, Compensation, and Labor Costs: General 700 $aSrour$b Gabriel$01816634 712 02$aInternational Monetary Fund. 712 02$aIMF Institute. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910964531503321 996 $aThe Implications of Trade Barriers for Sectoral Diversification and Macroeconomic Stability in Developing Economies$94372885 997 $aUNINA