This paper presents a general result for simultaneous reform of tariffs and quotas in a small open economy, where some of the quota rents do not accrue to domestic residents. Absent highly perverse income effects, welfare must rise following a uniform proportionate reduction in tariffs and a...

We show that the effects of tariff changes on welfare and import volume can be fully characterised by their effects on the generalised mean and variance of the tariff distribution. Using these tools, we derive new results for welfare- and market-access-improving tariff changes, which imply two...

Die Handelspolitik der Gemeinschaft ist im Jahre Eins des Binnenmarktes deutlich ins Schlingern geraten. Drei Faktoren haben dazu beigetragen. Erstens mußten "Altlasten" aus der Vor-Binnenmarktzeit in Gestalt unterschiedlicher nationaler Handelspolitiken vereinheitlicht werden, um einen völlig...

Based on the observation that industries are often geographically concentrated, this paper proposes a new political economy model of trade protection. We associate the sectors of a specific factors model with electoral districts populated by continua of heterogeneous voters who differ in their...