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the tariff tool applied. Tariffication using a specific (an ad valorem) tariff results in the same (a reduced) welfare …Recent rounds of GATT and later WTO have advocated widespread tariffication, meaning that existing non-tariff barriers … entirely clear. The paper presents a general equilibrium model with monopolistic competition to examine the welfare effects of …
Persistent link: https://www.econbiz.de/10014113775
Three sources of gains from trade under monopolistic competition are: (i) new import varieties available to consumers; (ii) enhanced efficiency as more productive firms begin exporting and less productive firms exit; (iii) reduced markups charged by firms due to import competition. The first...
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the tariff tool applied. Tariffication using a specific (an ad valorem) tariff results in the same (a reduced) welfare …) Wohlfahrtsniveau. Recent rounds of GATT and later WTO have advocated widespread tariffication, meaning that existing non-tariff … entirely clear. The paper presents a general equilibrium model with monopolistic competition to examine the welfare effects of …
Persistent link: https://www.econbiz.de/10013436187
the tariff tool applied. Tariffication using a specific (an ad valorem) tariff results in the same (a reduced) welfare …Recent rounds of GATT and later WTO have advocated widespread tariffication, meaning that existing non-tariff barriers … entirely clear. The paper presents a general equilibrium model with monopolistic competition to examine the welfare effects of …
Persistent link: https://www.econbiz.de/10011435813
Persistent link: https://www.econbiz.de/10003791146
Persistent link: https://www.econbiz.de/10003434877
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