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Pareto-Superior Trade Policy
Oleh:
Trandel, Gregory A.
;
Skeath, Susan
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
JOURNAL OF INTERNATIONAL TRADE & ECONOMIC DEVELOPMENT, The vol. 3 no. 3 (1994)
,
page 277-288.
Topik:
PARETO
;
pareto - superior
;
trade policy
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
JJ35
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Current literature shows the welfare superiority of ad valorem over specific tariffs or domestic governments facing foreign monopolists. This note establishes the stronger result that, for any given specific tariff imposed on a foreign monopoly, there exists an ad valorem tariff that Pareto dominates it - that produces larger profit for the foreign firm as well as larger tariff revenue and consumer surplus for the domestic economy. This Pareto ranking can be extended to the case of foreign Cournot oligopoly under certain market conditions.
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