differ in basic structural parameters and may impose tariffs on imports of capital goods. Numerical experiments illustrate … adjustment dynamics that follow the use of tariffs. We show that countries that limit trade in capital goods can experience … region that applies tariffs. Substantial differences in the levels of innovation, consumption, output, and utility can appear …

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 …

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 …

Historically, tariffs have been an attractive policy tool to protect domestic industries. The benefits of such a policy …

tariffs in these two cases considering three different equilibria: Free Trade (FT), Free Trade Area (FTA), and Customs Union …

This paper shows that governments have no incentive to introduce non-tariff barriers when they are free to set tariffs … but they do when tariffs are determined cooperatively. We then show three results. First, with trade liberalization, there … is a progression from u sing tariffs only to quotas, and to antidumping constraints (when quotas are jointly eliminated …