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wages and welfare. To this end, we construct a general equilibrium model of a labour-exporting (source) and a labour … welfare in both countries, even if commodity prices are constant. The analysis describes and explains the conditions under … migrating workers, the non-migrating workers, and the government seeking to maximize social welfare. …
Persistent link: https://www.econbiz.de/10005136698
taxes and benefits for each country. The MCF estimates depend crucially on the country under consideration and on the …
Persistent link: https://www.econbiz.de/10005788944
The paper analyses tax and tariff policy for trade between economies which each contain a monopolistically competitive industry producing differentiated products. The consequences of tax changes by a single country are examined, and the general desirability of taxing imports more heavily than...
Persistent link: https://www.econbiz.de/10005662246
returns to scale (IRTS) in selected industrial sectors in order to estimate the welfare gains Korea would achieve from … abolishing the import restraints (tariffs and equivalent measures) prevailing in 1982. Under constant returns (CRTS) across the … board, welfare gains are estimated at 1% of GDP. With IRTS in three industrial sectors, welfare gain estimates range from -0 …
Persistent link: https://www.econbiz.de/10005662390
This paper assesses the effects of reducing tariffs under the Doha Round on market access for developing countries. It … coverage or complex rules of origin. Thus lowering tariffs under the multilateral system is likely to lead to a net increase in …
Persistent link: https://www.econbiz.de/10005666534
a substantial theoretical literature there appears to be no empirical literature on the use of tariffs as a …
Persistent link: https://www.econbiz.de/10005667059
developed countries (LDCs), both directly and through the price-depressing effect of agricultural support policies. High tariffs … the impact of a 50 percent cut in tariffs and a 50 cut in domestic support for LDCs as compared to non-LDC developing … countries. However, for both groups of countries tariff reductions have a much greater positive effect on exports and welfare. …
Persistent link: https://www.econbiz.de/10005789095
agricultural tariffs, industrial tariffs, and revenue tariffs, for a sample of relatively well-developed countries between 1875 and … 1913. Industrial tariffs were positively correlated with growth. Agricultural tariffs were negatively correlated with … between revenue tariffs and growth. …
Persistent link: https://www.econbiz.de/10005791289
The current price of a depletable resource depends on future demands and supplies, which affect how rapidly the resource is exhausted. Plans for future levels of demand and supply can therefore affect the current price. If agents have market power and can commit to future plans, then such plans...
Persistent link: https://www.econbiz.de/10005791297
This paper appraises the arguments that the creation of the EC has increased world protectionism <MI>relative to what it would otherwise have been<D>. Models of tariff bargaining between trade blocs suggest some increase, because the optimum tariff is higher for larger blocs, but this is not...</d></mi>
Persistent link: https://www.econbiz.de/10005791325