revenue finances the provision of a public good, marginal migration reduces social welfare in the source country and raises it … migration has an ambiguous impact on social welfare in either country. When tariff revenue in either country is either equally … effect on social welfare in the host country, and is expected to reduce social welfare in the source. …

political debate about unilateral climate policies. Tariffs on the carbon embodied in imported goods from countries without … introduction of carbon tariffs can do more harm than good to domestic EITE industries. Two determinants drive the sign and … imported in intermediate inputs, industries might suffer from carbon tariffs. Secondly, the share of domestic output that is …

flow elasticities of trade costs and of existing PTAs. We simulate the trade, value added, and welfare effects of the TTIP …, assuming that the agreement would eliminate all transatlantic tariffs and reduce non-tariff barriers as other deep PTAs have …

member is elected to determine the tariffs to be applied on imported goods. Under a customs union, the necessity to … coordinate tariffs leads voters to strategically delegate power to more protectionist representatives. Contrary to most of the … existing literature, we show that strategic delegation may imply that free trade areas increase welfare compared to customs …

) and social welfare, taking into account that governments may adjust taxes and external tariffs to compete for FDI …. Conditions are identified under which a free-trade agreement leads to FDI and under which this improves welfare. The welfare … competition. A free-trade agreement may fail to induce welfare-improving FDI, creating a role for a customs union. …

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 …

optimal tariffs can be more protectionist than the optimal price preference, resulting in lower expected domestic welfare and … 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 …

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 …