Alexander Hamilton first codified the infant industry argument.
The infant industry argument is an economic rationale for trade protectionism.[1] The core of the argument is that nascent industries often do not have the economies of scale that their older competitors from other countries may have, and thus need to be protected until they can attain similar economies of scale. The logic underpinning the argument is that trade protectionism is costly in the short run but leads to long-term benefits.[1]
^ abOatley, Thomas (2019). International Political Economy: Sixth Edition. Routledge. pp. 139–144. ISBN 978-1351034647.
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The infantindustryargument is an economic rationale for trade protectionism. The core of the argument is that nascent industries often do not have the...
In economics, an infantindustry is a new industry, which in its early stages experiences relative difficulty or is absolutely incapable in competing...
promising industries will then allow those industries to dominate the world market. Less quantitative forms of a similar "infantindustry" argument against...
encouraged. The logic of the strategy rests on the infantindustryargument, which states that young industries initially do not have the economies of scale...
Yellow Pages Free trade Free trade agreement Free trade area Import Infantindustryargument International trade List of countries by exports Protectionism...
state Import substitution industrialization Infantindustryargument Ministry of International Trade and Industry The Lucas Plan Juhász, Réka; Steinwender...
are theoretically grounded on the Prebisch–Singer thesis, on the infantindustryargument, and on Keynesian economics. The associated practices are commonly:...
face of entrenched existing businesses (compare infantindustryargument, applied at the level of industries, rather than individual firms). In addition to...
Krueger, Anne; Tuncer, Bilge (1982). "An Empirical Test of the InfantIndustryArgument". American Economic Review. 72 (5): 1142–1152. JSTOR 1812029. Bruton...
increased specialization may hurt other industries. Arguments for protectionism, such as the infantindustryargument, national defense, outsourcing, and...
farmers will be affected by the tariffication of rice imports. Infantindustryargument "Non-Tariff Barriers :: Non Tariff Barriers". www.tradebarriers...
Krueger, Anne; Baran, Tuncer (1982). "An Empirical Test of the InfantIndustryArgument". American Economic Review. 72 (5).{{cite journal}}: CS1 maint:...
necessaries and conveniences of life by labor. He systematized the infantindustryargument. In 1845, he wrote a book entitled 'The Elements of Constitutional...
Ivanov Georgi Bogatzky Nikolay, Socialist industrialization and Infantindustryargument, Monetary Research Center, Sofia, 2017, Conference Papers ISSN...
the first theorists to present the infantindustryargument. Hamilton was the first to use the term "infantindustries" and to introduce it to the forefront...
started out as a free trade advocate and only converted to the infantindustryargument following his exile in the U.S (1825–1830) (Henderson, 1983; Reinert...
Infant mortality is the death of an infant before the infant's first birthday. The occurrence of infant mortality in a population can be described by...
organ donation by infants with anencephaly – born essentially without a brain – before physical death, raises some points about the Argument from Marginal...
theory, infant behavior associated with attachment is primarily the seeking of proximity to an attachment figure in stressful situations. Infants become...
deficit. They have historically been justified as a means to protect infantindustries and to allow import substitution industrialisation. Tariffs may also...
population growth. The textile industry was the first to use modern production methods,: 40 and textiles became the dominant industry in terms of employment...
and adapt across the course of their lives. Originally concerned with infants and children, the field has expanded to include adolescence, adult development...
Infant Care Program (EMIC), introduced in March 1943 by the Children's Bureau, provided free maternity care and medical treatment during an infant's first...
philosopher Daniel Dombrowski, in De abstinentia Porphyry originated the argument from marginal cases, that is, that if animals are not afforded moral status...
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