This paper introduces the concept of a steepest ascent tariff reform for a small open economy. By construction, it is … locally optimal in that it yields the highest gain in utility of any feasible tariff reform vector of the same length …. Accordingly, it provides a convenient benchmark for the evaluation of the welfare effectiveness of other well known tariff reform …

, despite well-known deficiencies. This paper develops and applies optimal aggregators for the real-world case of multiple … incorporation of both intensive and extensive margins of adjustment to reform. Applications confirm that the technique is …. Sensitivity analysis suggests that, for global trade reform, the ease of substitution between tariff lines is much more important …

, despite well-known deficiencies. This paper develops and applies optimal aggregators for the real-world case of multiple … incorporation of both intensive and extensive margins of adjustment to reform. Applications confirm that the technique is …. Sensitivity analysis suggests that, for global trade reform, the ease of substitution between tariff lines is much more important …

, despite well-known deficiencies. This paper develops and applies optimal aggregators for the real-world case of multiple … incorporation of both intensive and extensive margins of adjustment to reform. Applications confirm that the technique is …. Sensitivity analysis suggests that, for global trade reform, the ease of substitution between tariff lines is much more important …