caa a22 4500 475797868 CHVBK 20180406123729.0 cr unu---uuuuu 170329e20000201xx s 000 0 eng 10.1007/BF01227497 doi (NATIONALLICENCE)springer-10.1007/BF01227497 Urban unemployment and optimal trade policy in a cash-in-advance economy [Elektronische Daten] [Chi-Chur Chao, Chong Yip] This paper examines the welfare effects of commercial and tax/subsidy policies on a developing economy with sectoral unemployment and differential cash-in-advance constraints. The optimal tariff can be negative when the cash-in-advance requirement for buying the importable good is larger than that for the exportable good. In addition, when capital is sectorally mobile, production taxes are superior to production subsidies to the importable sector. Nevertheless, to reach the first-best optimum, a uniform wage subsidy to both sectors is required. Springer-Verlag, 2000 unemployment nationallicence cash in advance nationallicence commercial policy nationallicence F11 nationallicence O10 nationallicence Chao Chi-Chur Department of Economics, The Chinese University of Hong Kong, Shatin, Hong Kong aut Yip Chong Department of Economics, The Chinese University of Hong Kong, Shatin, Hong Kong aut Journal of Economics Springer-Verlag 71/1(2000-02-01), 59-77 0931-8658 71:1<59 2000 71 712 https://doi.org/10.1007/BF01227497 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/BF01227497 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Chao Chi-Chur Department of Economics, The Chinese University of Hong Kong, Shatin, Hong Kong aut NATIONALLICENCE 700 1- Yip Chong Department of Economics, The Chinese University of Hong Kong, Shatin, Hong Kong aut NATIONALLICENCE 773 0- Journal of Economics Springer-Verlag 71/1(2000-02-01), 59-77 0931-8658 71:1<59 2000 71 712 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer