The Case against Infant-Industry Tariff Protection
@article{Baldwin1969TheCA, title={The Case against Infant-Industry Tariff Protection}, author={Robert E. Baldwin}, journal={Journal of Political Economy}, year={1969}, volume={77}, pages={295 - 305} }
The classical infant-industry argument for protection has long been regarded by economists as the major "theoretically valid" exception to the case for worldwide free trade.' What controversy there is over the concept tends to center not on analytical issues but rather on empirical matters. Some writers-for example, Myrdal (1957, pp. 96-97) and RosensteinRodan (1963)-maintain that the economic conditions on which the case is based apply to most manufacturing industries in less-developed…
232 Citations
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