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. Accordingly, it provides a convenient benchmark for the evaluation of the welfare effectiveness of other well known tariff reform … sources of the potential welfare gains from tariff reform, use it to establish conditions under which some existing reforms … are locally optimal, provide geometric illustrations and compare welfare effectiveness of reforms using numerical examples …
Persistent link: https://www.econbiz.de/10005181335
According to the literature, well known tariff reform rules that are guaranteed to increase welfare will not … welfare. Such conflict between welfare and market access objectives of trade policy is problematic and calls for finding … consumer welfare will always be weakly compatible, in the sense that reforms based on each objective have the same signed …
Persistent link: https://www.econbiz.de/10010480799
According to the literature, well known tariff reform rules that are guaranteed to increase welfare will not … welfare. Such conflict between welfare and market access objectives of trade policy is problematic and calls for finding … consumer welfare will always be weakly compatible, in the sense that reforms based on each objective have the same signed …
Persistent link: https://www.econbiz.de/10011103392
We show that the standard concertina result for tariff reforms – i.e. lowering the highest tariff increases welfare … tariff is lowered is not capital intensive. If the concertina reform lowers welfare it lowers market access as well, thereby …
Persistent link: https://www.econbiz.de/10012142323
increase in welfare and government revenues. The present paper examines whether the country that implements such a reform ends … follow both as far as it concerns market access and welfare. …
Persistent link: https://www.econbiz.de/10012142324
. Accordingly, it provides a convenient benchmark for the evaluation of the welfare effectiveness of other well known tariff reform … sources of the potential welfare gains from tariff reform, use it to establish conditions under which some existing reforms … are locally optimal, provide geometric illustrations and compare welfare effectiveness of reforms using numerical examples …
Persistent link: https://www.econbiz.de/10005207047
We show that the effects of tariff changes on welfare and import volume can be fully characterised by their effects on … the generalised mean and variance of the tariff distribution. Using these tools, we derive new results for welfare- and … market-access-improving tariff changes, which imply two cones of liberalisation in price space. Because welfare is negatively …
Persistent link: https://www.econbiz.de/10010293852
The New Economic Geography predicts a positive effect of market access on wages, as represented by the wage equation. Several studies provide empirical evidence in favor of the wage equation. However, a key problem is the endogeneity of market access: it is challenging to identify the causal...
Persistent link: https://www.econbiz.de/10010294377
A basic result of new economic geography (NEG) models is that the proximity to consumer markets impacts wages and employment within regions. The ongoing process of European integration, being targeted on the reduction of barriers to trade and factor mobility, has presumably changed relative...
Persistent link: https://www.econbiz.de/10010295440
EU enlargement is supposed to entail profound impact on the location of economic activities in Europe. Although there is concern about the implications of enlargement for regional disparities in the EU, corresponding empirical results are still rare. The objective of this analysis is to provide...
Persistent link: https://www.econbiz.de/10010295459