Welfare vs. market access
the implications of tariff structure for tariff reform
by James E. Anderson
"We show that the effects of tariff changes on welfare and import volume can be fully characterized by their effects on the generalized mean and variance of the tariff distribution. Using these tools, we derive new results for welfare- and market-access-improving tariff changes, which imply two 'cones of liberalization' in price space. Because welfare is negatively but import volume positively related to the generalized variance, the cones do not intersect, which poses a dilemma for trade policy reform. Finally, we show that generalized and trade-weighted moments are mutually proportional when the trade expenditure function is CES"--National Bureau of Economic Research web site.
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Subjects
Import quotas, Tariff, Welfare state| Edition | Availability |
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1
Welfare vs. market access: the implications of tariff structure for tariff reform
2004, National Bureau of Economic Research
Electronic resource
in English
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Welfare vs. market access: the implications of tariff structure for tariff reform
2004, National Bureau of Economic Research
in English
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Book Details
Edition Notes
Includes bibliographical references.
Title from PDF file as viewed on 1/10/2005.
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.
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History
- Created April 1, 2008
- 5 revisions
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| December 13, 2020 | Edited by MARC Bot | import existing book |
| August 4, 2012 | Edited by VacuumBot | Updated format '[electronic resource] :' to 'Electronic resource' |
| December 12, 2009 | Edited by WorkBot | link works |
| October 31, 2008 | Edited by ImportBot | add URIs from original MARC record |
| April 1, 2008 | Created by an anonymous user | Imported from Scriblio MARC record |