Showing 1 - 10 of 285
Historically, tariffs have been an attractive policy tool to protect domestic industries. The benefits of such a policy …
Persistent link: https://www.econbiz.de/10010877688
as tariffs, can continue to disadvantage foreign firms. We analyze the bidding strategies in such a game and show that … when domestic profits are valued, tariffs will be used to discriminate against foreign firms. Furthermore, we find that … optimal tariffs can be more protectionist than the optimal price preference, resulting in lower expected domestic welfare and …
Persistent link: https://www.econbiz.de/10010752159
This paper employs a general equilibrium model of imperfect competition and trade in which capital is used to establish firms and labor is used for production. We show that two different types of equilibria may exist, one with factor price equalization and one with different factor prices. When...
Persistent link: https://www.econbiz.de/10009274515
bilateral measure of market access to compare tariffs applied in 1996 and 2006, which includes the timing of the Uruguay Round … and episodes of bilateral liberalization. Our econometric estimations show that the reduced tariffs imposed on emerging …
Persistent link: https://www.econbiz.de/10010877681
country and the (developed) rest of the world. Despite labour being the only factor of production in this model, tariffs (in …-voter’s preferred reliance on tariffs versus income taxes in order to effect the desired redistribution. Using data from 44 countries we …
Persistent link: https://www.econbiz.de/10005196297
Does ownership affect the way firms react to corporate taxation? This paper exploits key features of recent corporate tax reforms in China to shed light on the differential impact of taxation on firms under different ownership regimes including private, collectively owned and state owned...
Persistent link: https://www.econbiz.de/10011265253
and tariffs on factor markets, we find an efficiency gain, which is unevenly distributed. Existing generations benefit …
Persistent link: https://www.econbiz.de/10008596581
One third of Chinese exporters sell more than ninety percent of their production abroad. We argue that this distinctive pattern is attributable to a wide range of subsidies that provide incentives to these “pure exporters.” We propose a heterogeneous-firm model in which firms exporting all...
Persistent link: https://www.econbiz.de/10010877954
This paper presents a simple model of subsidies with export share requirements (ESR) in a heterogeneous firm environment. A two-country general equilibrium version of the model with a single 100% ESR is calibrated using firm-level data from the 2002 wave of the Business Environment and...
Persistent link: https://www.econbiz.de/10010877965
What has been the overall global welfare impact of the accession to the World Trade Organization of a large country like China, or the global welfare impact of the completion of the Uruguay round of GATT negotiations? Can we come up with a simple user-friendly formula to calculate the global...
Persistent link: https://www.econbiz.de/10010540252