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A major constraint on trade liberalization in many countries is the prospective loss of government revenue. Recent results, however, have established a simple and appealing strategy for overcoming this difficulty, whilst still realizing the efficiency gains from liberalization, in small,...
Persistent link: https://www.econbiz.de/10014069144
to use contingent tariffs to control import surges of food commodities and/or downward spikes in their border prices. The …
Persistent link: https://www.econbiz.de/10010231627
and tariffs on factor markets, we find an efficiency gain, which is unevenly distributed. Existing generations benefit …
Persistent link: https://www.econbiz.de/10003981994
The paper studies the dynamic welfare and macroeconomic effects of a revenue-neutral strategy of offsetting tariff reductions with increases in destination-based consumption taxes. To this end, we employ a dynamic general equilibrium model of a small open developing economy, featuring endogenous...
Persistent link: https://www.econbiz.de/10013117315
international trade. By imposing tariffs and quotas and altering the structure of the home market from one of perfect competition to … efficiency effects of import tariffs and quotas …
Persistent link: https://www.econbiz.de/10014189419
method and if cross-border externalities exist, import quotas are in some cases preferable to tariffs. Otherwise, however …, tariffs are preferable to quotas …
Persistent link: https://www.econbiz.de/10014072218
In this paper we examine the interaction between the different modesof market access commitments inservices (cross-border and establishment) market structure, andregulation. In this context, we focus on theimpact of improved domestic market access for a foreign serviceprovider on a domestic...
Persistent link: https://www.econbiz.de/10011303873
We are concerned with trade in transport services (not cabotage butrather international shipping, transport,and related logistical services) and the importance of competitionand market structure in the sector. Weexamine implications of liberalization for profits, trade, andnational gains from...
Persistent link: https://www.econbiz.de/10011303874
direct impact of tariffs on trade flows. …
Persistent link: https://www.econbiz.de/10011335218
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. …
Persistent link: https://www.econbiz.de/10011555189