North-South Interaction and Commod Control.

North-South Interaction and Commod Control.

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A simple model of North-South interaction is presented with a Keynesian North producing industrial goods and a Classical South producing corn. If the terms of trade clear the corn market then commodity price stabilisation can only slightly increase the average value of Northern real consumption. But...

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Dettagli Bibliografici
Autori principali:	Kanbur, R, Vines, D
Natura:	Working paper
Lingua:	English
Pubblicazione:	CEPR 1984

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