No abstract.

This paper analyzes the revenue-constrained optimum tariff problem. When a fixed level of tax revenue has to be collected only from tariffs, an efficient resource allocation can not be achieved by any tariff structure. Thus we need to find the optimum tariff structure as the second best resource...

This article has extended the Coase theorem to our environment of incomplete information. We have suggested the existence of efficient trading mechanisms in two alternative information structures.

El Mercado Común Centroamericano (MCCA), formado por Costa Rica, El Salvador, Guatemala, Honduras y Nicaragua se constituye con la firma del Tratado General de Integración Económica Centroamericana por parte de estos 5 países en 1960. El INTAL, con el objetivo general de promover y...

The Central American Common Market (CACM) which includes Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua was set up by these five countries in 1960, through the General Treaty for Central American Economic Integration. With the overall purpose of promoting and consolidating the Latin...

This paper analyzes the revenue-constrained optimum tariff problem. When a fixed level of tax revenue has to be collected only from tariffs, an efficient resource allocation can not be achieved by any tariff structure. Thus we need to find the optimum tariff structure as the second best resource...