Showing 1 - 10 of 506
-1973. About three-quarters of the post-Smoot Hawley decline in U.S. tariffs, for example, can be attributed to higher import …
Persistent link: https://www.econbiz.de/10013222037
and in imposing tariffs on imports from imperfectly competitive foreign firms. Although the optimal response to foreign …. If ad valorem tariffs or subsidies are considered, a subsidy is optimal if the elasticity of demand increases as …. Noncooperative international policy equilibrium will be characterized by export cartels and rent-extracting tariffs …
Persistent link: https://www.econbiz.de/10013234976
This paper examines the optimal labor contract in a small open economy with incomplete markets under international price uncertainty. The effect on employment, wages, and profits of different realizations of the state of nature is studied and agents' preferences concerning the implementation of...
Persistent link: https://www.econbiz.de/10013124657
We investigate the effects of higher tariffs on the current account.Tariffs may increase or decrease investment … depending on the capital intensity of the sector protected. We find that ther esponse of saving to tariffs issensitive to the …), saving fallswith higher tariffs. This result may, however, be reversed in the Blanchard-Yaarj type model in which consumers …
Persistent link: https://www.econbiz.de/10012763430
We study unanticipated tariffs on imports of intermediate goods in a setting with firm-to-firm supply relationships …
Persistent link: https://www.econbiz.de/10013294959
these wedges to calculate the impact of the Smoot Hawley tariffs on total factor productivity and welfare. In our benchmark …
Persistent link: https://www.econbiz.de/10013107018
sectors. Temporary as well as permanent tariffs are discussed …
Persistent link: https://www.econbiz.de/10013218422
The theoretical debate over whether countries can and should set tariffs in response to the foreign export elasticities … exists no evidence about whether countries actually exploit their market power in trade by setting higher tariffs on goods … countries that are not members of the World Trade Organization systematically set higher tariffs on goods that are supplied …
Persistent link: https://www.econbiz.de/10013227227
This paper analyzes some aspects of the effects of trade restrictions (such as tariffs, quotas and quality controls … reasonable characterizations of demand - tariffs are shown to dominate quotas on the basis of their revenue effects alone, while … quotas are shown to dominate tariffs on the basis of their quality effects alone. Also, quality controls are shown to …
Persistent link: https://www.econbiz.de/10013240579
This paper analyze these effects of a tariff in an intertemporal optimizing model, emphasizing the role of capital accumulation. Three types of increases in the tariff rate are considered: (i) unanticipated permanent; (ii) unanticipated temporary; (iii) anticipated permanent. There are two main...
Persistent link: https://www.econbiz.de/10013248261