Showing 1 - 10 of 35,216
-country symmetric reciprocal dumping model of intra-industry trade with free entry and trade costs. We show that the consumption base … (destination principle) dominates the production base (origin principle) when trade costs are high or demand is linear. For lower … levels of trade costs and nonlinear demand, the welfare ranking of the two tax bases is ambiguous. Hence, there is no clear …
Persistent link: https://www.econbiz.de/10010611242
Persistent link: https://www.econbiz.de/10011529936
This paper examines the effects of trade costs on macroeconomic volatility. We first construct a dynamic, two …-country general equilibrium model, where the degree of market integration depends directly on trade costs (transport costs, tariffs …, etc.). The model is a extension of Obstfeld and Rogoff (1995). Naturally, a reduction in trade costs leads to more market …
Persistent link: https://www.econbiz.de/10005769265
This paper analyzes developments in the structure of trade in the Commonwealth of Independent States (CIS) during the … transition decade, and finds that it changed less than in other transition economies. Trade openness of the CIS increased between … include slower progress in transition, geographic aspects, restrictions on trade, governance and corruption problems, weak …
Persistent link: https://www.econbiz.de/10005604992
Persistent link: https://www.econbiz.de/10011504934
This paper studies non-cooperative commodity taxation in a trade model with imperfect competition and trade costs … rents to the home country. Importantly, this trade-off depends qualitatively on the international commodity tax regime in … operation. For low levels of trade costs, we show that production-based commodity taxes dominate from a global welfare …
Persistent link: https://www.econbiz.de/10010314844
This paper shows that under imperfect competition the welfare effects of indirect tax harmonization may depend crucially on whether taxes are levied by the destination or the origin principle. In a standard model of imperfect competition, while harmonization always makes at least one country...
Persistent link: https://www.econbiz.de/10011399321
This paper studies non-cooperative commodity taxation in a trade model with imperfect competition and trade costs … rents to the home country. Importantly, this trade-off depends qualitatively on the international commodity tax regime in … operation. For low levels of trade costs, we show that production-based commodity taxes dominate from a global welfare …
Persistent link: https://www.econbiz.de/10009786717
Recent theoretical work has shown that the incidence of ad valorem and specific taxes may differ and each may be over or under-shifted onto consumers in the presence of imperfect competition. Empirical comparison of the price effects of the two taxes is limited. There are no previous estimates...
Persistent link: https://www.econbiz.de/10011529307
Recent theoretical work has shown that the incidence of ad valorem and specific taxes may differ and each may be over or under-shifted onto consumers in the presence of imperfect competition. These results are used to derive a method of estimating market power and conduct. An application is made...
Persistent link: https://www.econbiz.de/10011530480