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An Empirical Inquiry into the Role of Sectoral Diversification in Exchange Rate Regime Choice

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 M.T. Chowdhury, P. Bhattacharya, D.Mallick and M.Ulubasoglu, European Economic Review, April 2014, v. 67, pp. 210-227. Using Turkish industry-level data from 1983 to 1990, we find that politically organized industries receive both higher protection and promotion than unorganized ones. Tariff rates are decreasing (increasing) in the import-penetration ratio and the absolute value of the import-demand elasticity for organized (unorganized) industries. Subsidy …