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produce a homogeneous output, production is subject to increasing returns to scale, and there is free entry and exit of firms …. 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
This paper uses simulation techniques to investigate the effects of import tariffs and export subsidies on imperfectly … find that results are relatively insensitive to the equilibrium concept used. Welfare gains from tariffs are robust to …
Persistent link: https://www.econbiz.de/10005281311
The paper analyses tax and tariff policy for trade between economies which each contain a monopolistically competitive industry producing differentiated products. The consequences of tax changes by a single country are examined, and the general desirability of taxing imports more heavily than...
Persistent link: https://www.econbiz.de/10005662246
volatility of revenues, have failed to save a sufficiently high proportion of their resource revenues and failed to make high …
Persistent link: https://www.econbiz.de/10009385762