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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...
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We show in a multi-sector, heterogeneous-firm trade model that the effect of tariffs on entry, especially in the … MFN tariffs (the Uruguay Round), with two-thirds of the remainder due to preferential trade agreements and one third due … countries – would have benefited from going beyond free trade to subsidizing their imports in 1990, since their optimal tariffs …
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In a standard multi-sector, heterogeneous-firm trade model the effect of tariffs on entry, especially in the presence … are a consequence of the reductions in MFN tariffs (the Uruguay Round); and that for some countries, particularly some … would gain from the elimination of tariffs have a strong rank correlation with those that gain from a negative optimal …
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Chapter 1: Introduction -- Chapter 2: An Agricultural Household Model with Tariffs -- Chapter 3: Data and Estimation …
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present evidence that countries around the world still apply tariffs and nontariff measures that increase prices and limit the …
Persistent link: https://www.econbiz.de/10011591118