Abstract What does the macroeconomy look like in aftermath of tariff changes? This study estimates impulse response functions from local projections using a panel annual data that spans 151 countries 1963 to 2014. Tariff increases are associated with persistent, economically and statistically significant declines domestic output productivity, as well higher unemployment inequality, real exchang...

This paper examines the effects of tariffs on price-setting duopolists selling a homogeneous product. The producers cannot segment geographically distinct mar­ kets. It provides a complete characterization of the equilibrium (mixed) strategies and analyzes the pattern of competition for different tariffs. If a country raises its tariff, the profits of both producers increase, although the prote...

A very large number of problems which had remained intractable for years had found solutions, even though the negotiations foundered on the extent to which developing countries would be able to raise tariffs to protect farmers from import surges under a 'special safeguard mechanism'. Differences over cuts to farm subsidies and industrial tariffs, which had long seemed virtually intractable, app...

Posting a menu of three-part tariffs is a widespread phenomenon in the telecommunication industry. The paper provides a characterization of the implementability of allocation rules involving bunching in the linear framework of Mussa and Rosen [5]. I show that an allocation rule is non-decreasing if and only if it is implementable by a menu of threepart tariffs. Furthermore, I extend the notion ...

Tariff bindings and administered protection are two characteristics of the WTO that are little understood. Tariff bindings place a ceiling on tariffs that is not always reached, while administered protection ensures that all sectors have access to some minimum import protection, effectively creating a floor for protection. How do these policies affect applied MFN tariff rates that are enacted t...

We measure the effects of trade liberalization over the period of 1993-2002 on regional poverty levels in 259 Indonesian regions, and investigate the labour market mechanisms behind these effects. The identification strategy relies on combining information on initial regional labour and product market structure with the exogenous tariff reduction schedule over four three-year periods. We distin...