Protectionism in Retrospect: Mihail Manoilescu (1891-1950?)
Autor(a) principal: | |
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Data de Publicação: | 2003 |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Revista de Economia Política |
Texto Completo: | http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572003000400622 |
Resumo: | ABSTRACT This paper examines Mihail Manoilescu’s Theory of Protectionism. Its main point was the defense of a permanent or general protection of high productivity sectors, contrasting with List’s temporary protection of infant industries. Manoilescu’s reasoning goes into a contradiction. He argued that the productivity of agriculture and the productivity of industry would equalize in the long-term. In that case, protection would no longer be necessary. So, his argument needs an additional assumption, that is variable costs of production. Manoilescu mentioned the presence of increasing returns in industry and decreasing returns in agriculture in an appendix. This assumption renders his theory very similar with Graham’s argument and contemporary main- stream analysis of trade and protection (P. Krugman, I. Magaziner and R. Reich). |
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Protectionism in Retrospect: Mihail Manoilescu (1891-1950?)Protectionism, trade, productivity, ManoilescuGrahamABSTRACT This paper examines Mihail Manoilescu’s Theory of Protectionism. Its main point was the defense of a permanent or general protection of high productivity sectors, contrasting with List’s temporary protection of infant industries. Manoilescu’s reasoning goes into a contradiction. He argued that the productivity of agriculture and the productivity of industry would equalize in the long-term. In that case, protection would no longer be necessary. So, his argument needs an additional assumption, that is variable costs of production. Manoilescu mentioned the presence of increasing returns in industry and decreasing returns in agriculture in an appendix. This assumption renders his theory very similar with Graham’s argument and contemporary main- stream analysis of trade and protection (P. Krugman, I. Magaziner and R. Reich).Centro de Economia Política2003-12-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersiontext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572003000400622Brazilian Journal of Political Economy v.23 n.4 2003reponame:Revista de Economia Políticainstname:EDITORA 34instacron:EDITORA_3410.1590/0101-31572003-0644info:eu-repo/semantics/openAccessBOBULESCU,ROXANAeng2020-09-22T00:00:00Zoai:scielo:S0101-31572003000400622Revistahttps://centrodeeconomiapolitica.org.br/repojs/index.php/journalONGhttps://centrodeeconomiapolitica.org.br/repojs/index.php/journal/oai||cecilia.heise@bjpe.org.br1809-45380101-3157opendoar:2020-09-22T00:00Revista de Economia Política - EDITORA 34false |
dc.title.none.fl_str_mv |
Protectionism in Retrospect: Mihail Manoilescu (1891-1950?) |
title |
Protectionism in Retrospect: Mihail Manoilescu (1891-1950?) |
spellingShingle |
Protectionism in Retrospect: Mihail Manoilescu (1891-1950?) BOBULESCU,ROXANA Protectionism, trade, productivity, Manoilescu Graham |
title_short |
Protectionism in Retrospect: Mihail Manoilescu (1891-1950?) |
title_full |
Protectionism in Retrospect: Mihail Manoilescu (1891-1950?) |
title_fullStr |
Protectionism in Retrospect: Mihail Manoilescu (1891-1950?) |
title_full_unstemmed |
Protectionism in Retrospect: Mihail Manoilescu (1891-1950?) |
title_sort |
Protectionism in Retrospect: Mihail Manoilescu (1891-1950?) |
author |
BOBULESCU,ROXANA |
author_facet |
BOBULESCU,ROXANA |
author_role |
author |
dc.contributor.author.fl_str_mv |
BOBULESCU,ROXANA |
dc.subject.por.fl_str_mv |
Protectionism, trade, productivity, Manoilescu Graham |
topic |
Protectionism, trade, productivity, Manoilescu Graham |
description |
ABSTRACT This paper examines Mihail Manoilescu’s Theory of Protectionism. Its main point was the defense of a permanent or general protection of high productivity sectors, contrasting with List’s temporary protection of infant industries. Manoilescu’s reasoning goes into a contradiction. He argued that the productivity of agriculture and the productivity of industry would equalize in the long-term. In that case, protection would no longer be necessary. So, his argument needs an additional assumption, that is variable costs of production. Manoilescu mentioned the presence of increasing returns in industry and decreasing returns in agriculture in an appendix. This assumption renders his theory very similar with Graham’s argument and contemporary main- stream analysis of trade and protection (P. Krugman, I. Magaziner and R. Reich). |
publishDate |
2003 |
dc.date.none.fl_str_mv |
2003-12-01 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572003000400622 |
url |
http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572003000400622 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
10.1590/0101-31572003-0644 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
text/html |
dc.publisher.none.fl_str_mv |
Centro de Economia Política |
publisher.none.fl_str_mv |
Centro de Economia Política |
dc.source.none.fl_str_mv |
Brazilian Journal of Political Economy v.23 n.4 2003 reponame:Revista de Economia Política instname:EDITORA 34 instacron:EDITORA_34 |
instname_str |
EDITORA 34 |
instacron_str |
EDITORA_34 |
institution |
EDITORA_34 |
reponame_str |
Revista de Economia Política |
collection |
Revista de Economia Política |
repository.name.fl_str_mv |
Revista de Economia Política - EDITORA 34 |
repository.mail.fl_str_mv |
||cecilia.heise@bjpe.org.br |
_version_ |
1754122480019046400 |