Content protection, urban unemployment and welfare
Version 2 2024-06-18, 01:36Version 2 2024-06-18, 01:36
Version 1 2017-07-26, 12:20Version 1 2017-07-26, 12:20
journal contribution
posted on 2024-06-18, 01:36authored byCC Chao, ESH Yu
A three-sector general equilibrium model is developed to examine the resource allocation and welfare effects of domestic content protection. An increase in domestic content requirements lowers the urban unemployment ratio, the production of the domestic intermediate good, the import of the foreign intermediate good, and the national welfare. -Authors