Agriculture Reference
In-Depth Information
Figure A9.3 Trade reform with capital controls
r
KA
r
1
r
0
=
r
w
(1+π
0
)
NFI(Y
1
, r
e
1
)
NFI(Y
0
, r
e
0
)
KA+
0
KA-
KA
0
1/e
R
S
0
1/e
1
R
e
R
1/e
0
R
NM(Y
1
>Y
0
,
τ
1
<τ
0
)
NM(Y
0
,
τ
0
)
-CA
0
CA+
0
CA-
