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We formalize the notion that GATT exceptions such as antidumping and escape clause actions can act as insurance for import competing sectors affected by adverse price shocks. We use a general equilibrium model with several import competing sectors and assume incomplete markets so that agents...
Persistent link: https://www.econbiz.de/10011576326
We examine the incentives for a government to levy an optimal tariff on a foreign monopolist. With complete information, the home government uses tariffs to extract rents and therefore implements a policy of discriminatory tariffs entailing higher tariffs on more efficient firms. By contrast if...
Persistent link: https://www.econbiz.de/10013215358
We formalize the notion that GATT exceptions such as antidumping and escape clause actions can act as insurance for import competing sectors affected by adverse price shocks. We use a general equilibrium model with several import competing sectors and assume incomplete markets so that agents...
Persistent link: https://www.econbiz.de/10013223874
We formalize the notion that GATT exceptions such as antidumping and escape clause actions can act as insurance for import competing sectors affected by adverse price shocks. We use a general equilibrium model with several import competing sectors and assume incomplete markets so that agents...
Persistent link: https://www.econbiz.de/10012471874
We examine the incentives for a government to levy an optimal tariff on a foreign monopolist. With complete information, the home government uses tariffs to extract rents and therefore implements a policy of discriminatory tariffs entailing higher tariffs on more efficient firms. By contrast if...
Persistent link: https://www.econbiz.de/10012472724
We examine the incentives for a government to levy an optimal tariff on a foreign monopolist with unknown costs. With complete information, the home government uses tariffs to extract rents and implements a discriminatory policy that imposes higher tariffs on the more efficient monopolist. If...
Persistent link: https://www.econbiz.de/10014072002