is possible for some parameter values. -- Immiserizing Growth ; Metzler Paradox ; Import Tariffs ; Ricardian Model …

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. …

Using perfectly competitive, general equilibrium models of international trade, specific import tariffs, specific …, where each country can choose to use ad valorem trade taxes (import tariffs or export taxes, which are equivalent), or … specific import tariffs, or specific export taxes. In the two-country case, where there is a negative terms of trade …

focus of US tariffs on intermediate goods is likely to have had a negative impact on US GDP and consumption. However, the …

environment, governments may, under some circumstances, negotiate to reduce tariffs, but without eliminating them altogether. It … is found that under certain circumstances tariffs may reduce unpredictable outcomes from the multiplicity of Walrasian …

elasticity of the other country. In the Nash equilibrium of tariffs, larger economies apply higher tariff rates. Productivity … transportation cost are low. A sufficiently large economy prefers the inefficient Nash equilibrium in tariffs over free trade due to …

-Uruguay Round applied tariffs and relying on the theoretical framework of the terms-of-trade motive for trade agreements, we …