Welfare versus market access: The implications of tariff structure for tariff reform

Arbeitspapier

We show that the effects of tariff changes on welfare and import volume can be fully characterised by their effects on the generalised 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 liberalisation in price space. Because welfare is negatively but import volume positively related to the generalised variance, the cones do not intersect, which poses a dilemma for trade policy reform. Finally, we show that generalised and trade-weighted moments are mutually proportional when the trade expenditure function is CES.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Centre for Economic Research Working Paper Series ; No. WP04/23

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Trade Policy; International Trade Organizations ; Economic Integration
• Thema: Concertina rule ; Market access ; Piecemeal policy reform ; Tariff moments ; Uniform tariff reductions ; Zollpolitik ; Wohlfahrtsanalyse ; Importbeschränkung

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Anderson, James E. ; Neary, James Peter
• Ereignis: Veröffentlichung
• (wer): University College Dublin, Department of Economics
• (wo): Dublin
• (wann): 2004

Weitere Informationen

• Handle: http://hdl.handle.net/10419/72405
• Letzte Aktualisierung: 10.03.2025, 11:44 MEZ