Showing 91 - 100 of 634,299
Persistent link: https://www.econbiz.de/10011894574
Persistent link: https://www.econbiz.de/10011734270
Persistent link: https://www.econbiz.de/10011748542
This paper rehabilitates the concept of effective rate of protection for use in political economy. The usual definition corresponds to no economically interesting magnitude in general equilibrium. The effective rate of protection for a sector is redefined here as the uniform tariff which is...
Persistent link: https://www.econbiz.de/10012472974
This paper proposes a theory that predicts low levels of protection during periods of "normal" trade volume coupled …
Persistent link: https://www.econbiz.de/10012476304
Using a standard complete specialization model of a small open economy within a rigorous intertemporal optimization framework with contract- based wage rigidity, we show that permanent tariffs may lead to a current account deterioration and a fall in employment, contradicting most of the...
Persistent link: https://www.econbiz.de/10012476807
Persistent link: https://www.econbiz.de/10004177228
Persistent link: https://www.econbiz.de/10004742453
On March 2018, the Trump administration introduced 25 percent tariffs on steel and 10 percent tariffs on aluminum imports. To minimize the adverse effects of these tariffs to downstream US producers who import these products, the exclusion request that grants tariff exemptions has been also...
Persistent link: https://www.econbiz.de/10014093384
discusses government policies. In the case of trade theory, commercial policy-normative economics embraces the study of the … welfare consequences of various events when policies are constant. The chapter covers the main areas of normative trade theory …, but not fully. The chapter discusses central parts of policy-orientated normative trade theory on the terms of trade …
Persistent link: https://www.econbiz.de/10014025019