منابع مشابه
An Analysis of Welfare Effect of Traditional Tariff (Exogenous) and
Welfare effect of tariff for a small country in the case of traditional tariff (exogenous) compared to free trade would decrease the welfare of the country. This paper has shown that the welfare effect of tariff in case of untraditional tariff (endogenous) can be explained by using the specific factors models (Jones) that fundamentally determined by Cournut- Nash Equilibrium system in contrary ...
متن کاملWelfare versus market access: The implications of tariff structure for tariff reform
We show that the effects of tariff changes on welfare and import volume are fully characterised by their effects on the generalised mean and variance of the tariff distribution, implying two "cones of liberalisation" in commodity price space. Because welfare is negatively but import volume positively related to the generalised variance, the cones do not intersect, which poses a policy dilemma. ...
متن کاملNew results on the tariff–growth paradox
This article investigates the question of how openness affected the growth of income in the late nineteenth-century Atlantic economy. More specifically, is the tariff-growth correlation identified by O’Rourke (2000) driven by European offshoots? Is the correlation perhaps explained by the concurrent integration of intranational markets before 1914? And what can other measures of openness tell u...
متن کاملVolatility, Growth, and Welfare
This paper constructs an endogenous growth model driven by self-ful lling expectation shocks to explain the stylized fact that the average growth rate of GDP is related negatively to volatility and positively to capacity utilization. The implied welfare gain from further stabilizing the U.S. economy is about a quarter of annual consumption, which is consistent in order of magnitude with estimat...
متن کاملTariff and Non-Tariff Barriers to Trade
that restrict trade between countries in agricultural commodities. Many of these policies are now subject to important disciplines under the 1994 GATT agreement that is administered by the World Trade Organization (WTO). The paper is organized as follows. First, tariffs, import quotas, and tariff rate quotas are discussed. Then, a series of non-tariff barriers to trade are examined, including v...
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ژورنال
عنوان ژورنال: Review of International Economics
سال: 2011
ISSN: 0965-7576
DOI: 10.1111/j.1467-9396.2011.00945.x