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This paper examines the welfare effects of partial trade liberalization when trade is restricted by tariffs, quotas or … of production, which applies in both small and large economies, with or without quotas, is also derived. Welfare …
Persistent link: https://www.econbiz.de/10005792088
which maintains the same volume of trade as a given set of tariffs, quotas, and domestic taxes and subsidies. We relate this …
Persistent link: https://www.econbiz.de/10005656443
world. We also show that unlike tariffs, endogenous quotas are not crucially affected by the presence of rules of origin. … show that whereas the dilution of lobbying power in a FTA typically leads to a relaxation of external quotas, this result … level of their external quotas, cross-border lobbying by import-competing interests in the free-trade area and the …
Persistent link: https://www.econbiz.de/10005124448
The paper identifies the potential sources of allocative inefficiency generated by the Multi-Fiber Agreements (MFA) and examines the evidence for such inefficiencies. Five sources of inefficiency are identified relating to inefficient allocations across countries, across consumers, and among...
Persistent link: https://www.econbiz.de/10005136661
pecuniary benefits: higher prices lead to more integration. Because tariffs increase domestic product prices, this effect … the predictions of our model, we obtain three main results. First, higher tariffs lead to higher levels of vertical …
Persistent link: https://www.econbiz.de/10008550323
The Byrd amendment to US anti-dumping law distributes the revenue from anti-dumping duties imposed on foreign firms to the domestic firms that lodged the complaint of dumping. This Paper shows that the presence of the Byrd Amendment can yield lower duties and greater welfare than in its absence....
Persistent link: https://www.econbiz.de/10005136749
protectionist policies in countries where workers will benefit from the imposition of tariffs and quotas. We test and confirm these …
Persistent link: https://www.econbiz.de/10005497836
. The effects of differences in technology and endowments on the pattern of trade and welfare are examined. Import tariffs …
Persistent link: https://www.econbiz.de/10005497889
.The paper shows that a carbon tax should not be differentiated across sectors in the economy, provided import and export tariffs … cooperating countries if they are prevented from using tariffs on the traded goods. Informational or political factors … constraining the use of tariffs are also likely to constrain the possibility of differentiating carbon taxes between sectors …
Persistent link: https://www.econbiz.de/10005498029
Notwithstanding the tariffication component of the Uruguay Round Agreement on Agriculture, import tariffs on farm …
Persistent link: https://www.econbiz.de/10005498082