Detail The Growth and Welfare Consequences of Differential Tariffs   Oleh:  Brock, Philip L. ; Turnovsky, Stephen J. Jenis: Article from Bulletin/Magazine Dalam koleksi: INTERNATIONAL ECONOMIC REVIEW vol. 34 no. 4 (1993), page 765-794. Topik: welfare; growth; welfare consequences; tarriffs Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: II49.3 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel This paper analyzes the impact of differential tariffs on consumption and investment in a specific factors model of a small open economy in which capital is accumulated over time. Particular attention is devoted to the welfare aspects, highlighting the cost of the intertemporal distortions produced by protective trade policies. Several specific welfare propositions are obtained. First, tariff protection is shown to create short - run benefits but long - run costs in welfare. Second, the second - best policy for the two tariffs is characterized. Finally, several propositions summarizing the implications of our analysis for tariff reform are derived. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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