Were high import tariffs somehow related to the strong U.S. economic growth during the late nineteenth century? This … paper examines this frequently mentioned but controversial question and investigates the channels by which tariffs could … expansion and capital accumulation than on productivity growth; (ii) tariffs may have discouraged capital accumulation by …

each 1 percentage point increase in exposure to the US tariffs was associated with a 0.59% reduction in night … grids with negligible direct exposure to the US tariffs accounted for up to 70% of China's population, we infer that the 2 … tariffs …

percentage points of the tariffs are explained by terms of trade considerations. Decomposing the politically-optimal tariff in …

We investigate the effects of higher tariffs on the current account.Tariffs may increase or decrease investment … depending on the capital intensity of the sector protected. We find that ther esponse of saving to tariffs issensitive to the …), saving fallswith higher tariffs. This result may, however, be reversed in the Blanchard-Yaarj type model in which consumers …

inflation and tariffs as revenue devices. The analysis derives elasticity rules that tie optimal tariff and inflation rates to …

the Tokyo Round, later unilateral political decisions resulted in less "optimal" tariffs …

This paper analyzes some aspects of the effects of trade restrictions (such as tariffs, quotas and quality controls … reasonable characterizations of demand - tariffs are shown to dominate quotas on the basis of their revenue effects alone, while … quotas are shown to dominate tariffs on the basis of their quality effects alone. Also, quality controls are shown to …

The paper examines a simple model in which exogenous political risk creates uncertainty about tariffs. The model … predicts a relation between consumption and tariffs that differs radically from that implied by models without asset markets or … political risk. Given the probability distribution of tariffs, domestic consumption and utility (ex post) are lower in states of …

and in imposing tariffs on imports from imperfectly competitive foreign firms. Although the optimal response to foreign …. If ad valorem tariffs or subsidies are considered, a subsidy is optimal if the elasticity of demand increases as …. Noncooperative international policy equilibrium will be characterized by export cartels and rent-extracting tariffs …