of an agreement, which cuts tariffs by one percentage point, is 0.5% to 2% of consumption, much larger than in trade …

commodity taxation (the Ramsey, the inverse elasticity, the Corlett-Hague rules) may no longer be valid; (b) tariffs may replace …

-CARICOM countries against time and commodity-level variation in external tariffs. I find that in each country the reduction of the …

This paper examines the macroeconomic impact of tariffs. Existing theoretical models do not provide clear … the hypothesis that tariffs have no statistically significant impact on the trade balance, the real exchange rate, or the …