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Tekijä:Kowalczyk, C.
Otsikko:Reforming tariffs and subsidies in international trade
Lehti:Pacific Economic Review
2002 : JUN, VOL. 7:2, p. 305-318
Asiasana:INTERNATIONAL TRADE
SUBSIDIES
TARIFFS
WELFARE
Kieli:eng
Tiivistelmä:This paper analyzes unilateral and multilateral reform of as valorem tariffs and subsidies. The paper shows that under substitutability, extensive subsidization of exports is required for an increase in the lowest tariff rate to raise economic welfare. The paper derives also conditions for when a radical reduction of ad valorem tariffs and subsidies may fail to raise economic welfare.
SCIMA tietueen numero: 234821
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