implications of production inefficiencies attributed to market power in the Pennsylvania, New Jersey, and Maryland electricity …Electricity restructuring has created the opportunity for producers to exercise market power. Oligopolists increase … price by distorting output decisions, causing cross-firm production inefficiencies. This study estimates the environmental …

available and an efficiency ranking is feasible: tariffs vs. non-tariff barriers (NTBs). In our policy choice model a government … bargaining with domestic SIGs can gain by constraining tariffs through international agreements even if this leads to the use of … indicates NTBs are less efficient than the tariffs they imperfectly replace. Moreover, we find parametric and non …

preference by economists for factor or product taxes and subsidies over tariffs and export subsidies may not be justified in this …

We show in a multi-sector, heterogeneous-firm trade model that the effect of tariffs on entry, especially in the … presence of production linkages, can reverse the traditional positive optimal tariff argument. We then use a new tariff dataset … MFN tariffs (the Uruguay Round), with two-thirds of the remainder due to preferential trade agreements and one third due …

tariffs arise from substituting away from firm creation and towards export capacity. This is in stark contrast to the static … their ability to grow into successful exporters. We calibrate the model and estimate the welfare gains from reducing tariffs …

) uniform tariff cuts that preserve domestic relative prices among tariff-ridden goods …

tariffs rates explains some of results. Accounting for these factors yields more plausible estimates of income elasticities …