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| Tekijä: | Syropoulos, C. |
| Otsikko: | Rules for the Disposition of Tariff Revenues and the Determination of Common External Tariffs in Customs Unions |
| Lehti: | Journal of International Economics
2003 : AUG, VOL. 60:2, p. 387-416 |
| Asiasana: | CUSTOMS UNIONS TRADE POLICY TARIFFS |
| Kieli: | eng |
| Tiivistelmä: | This paper is about the determination of common external tariffs (CETs) in customs unions (CUs). The author first examines how the relationship between preferences over GET levels, technology and the distribution of factor ownership in a CU is conditioned by the rule that determines the disposition of tariff revenues. The author then explores how majority voting at the country level translates these preferences into an equilibrium GET. The author finds that, when revenues are partitioned in proportion to members' imports, tariff preferences may be polarized, the trade patterns of some CU members may be endogenous, and, as a result, their payoff functions may not be single-peaked. |
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