Historically, tariffs have been an attractive policy tool to protect domestic industries. The benefits of such a policy …

infinite future. In this paper I analyze the setting of tariffs in a two-country model taking account of adjustment processes … induces policy makers with a short planning horizon to set lower tariffs because it enhances the short run boom following a … cut in tariffs. Monetary policy that aggressively fights deviations from its inflation target leads to even lower tariffs. …

We examine the relationship between tariffs and technology transfer from the North to the South in an oligopolistic … different between tariffs and subsidies. Our analysis suggests that the South should take pro-competitive policies to induce …

Organization that permits member countries to impose retaliatory tariffs in response to trade violations committed by other members …. We show that monetary fines are more efficient than tariffs in terms of granting compensation to injured parties when … violating country. If fines must ultimately be supported by the threat of retaliatory tariffs, they fail to yield a more …

import tariffs on a destination market are associated with less pricing-to-market, whereas non-tariff measures are associated …