Maximum‐revenue tariffs versus free trade
نویسندگان
چکیده
منابع مشابه
Politics of free trade areas: tariffs versus quotas
In this paper we compare and contrast the political viability of bilateral Free Trade Area (FTA) Agreements in the presence of tariffs and quotas. Assuming that the government maximizes a weighted sum of welfare and producer profits, we show that the political viability of FTAs varies according to whether trade restrictions take the form of tariffs or quotas. A key result is that whereas an FTA...
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Overlapping bilateral free trade agreements (FTAs) are proliferating in East Asia. Quite a few economists worry about the spaghetti bowl phenomenon expected from the proliferating East Asian regional trade agreements (RTAs).The complicated web of hub-and-spoke type of FTAs can result in high costs for verifying rules of origin (RoO). As an alternative policy option to avoid the negative effect ...
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Article history: Received 3 March 2009 Received in revised form 14 July 2009 Accepted 3 September 2009 Available online 14 October 2009 Tariffs and anti-dumping duties are two important tools used to protect industries from foreign competition and to generate revenue. While the two tools have been studied extensively in separate contexts, little is known about their comparative effects. This pa...
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Were institutional or technological factors more important for commodity market integration in 19 century Europe? This period witnessed major institutional changes in the form of currency agreements and the Zollverein customs liberalizations as well as transport cost reductions in the form of the building of railways. A priori, it is not evident which of these factors were most important, altho...
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We derive a simple equation for the welfare gains from trade when tariffs are liberalized or iceberg trade costs fall. Covering various one-sector trade models that may or may not feature extensive margins and imperfect competition, we generalize the analysis of Arkolakis, Costinot and Rodriguez-Clare (2012) to encompass revenue-generating import tariffs. Our formula permits easy quantification...
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ژورنال
عنوان ژورنال: Scottish Journal of Political Economy
سال: 2020
ISSN: 0036-9292,1467-9485
DOI: 10.1111/sjpe.12245