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(University College Dublin. School of Economics, 2004-09)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 ...
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(University College Dublin. School of Economics, 2005-02-23)This paper presents a general result for simultaneous reform of tariffs and quotas in a small open economy, where some of the quota rents do not accrue to domestic residents. Absent highly perverse income effects, welfare ...
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(University College Dublin. School of Economics, 1997-09-24)This paper explores the links between international trade theory and the practice of trade and industrial policy in open economies, with special attention to three areas where theoretical lessons have been misunderstood ...
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(University College Dublin. School of Economics, 2001-10)Following a brief historical introduction and a discussion of different types of commercial policy, this paper reviews the arguments for and against trade protection. In the bench-mark case of a competitive, small, open ...
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(University College Dublin. School of Economics, 2001-07-11)We introduce an index of trade policy restrictiveness defined as the uniform tariff which maintains the same trade volume as a given tariff/quota structure. Our index overcomes the problems of the trade-weighted average ...
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(University College Dublin. School of Economics, 1991-11-25)This paper introduces a new measure, the Trade Restrictiveness Index, which measures the restrictiveness of a system of trade protection. The index is a general equilibrium application of the distance function and answers ...
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(University College Dublin. School of Economics, 1992-12-15)In this paper, we investigate techniques for measuring the trade policy equivalent of domestic distortions, using a distance function approach. Our measure, the Trade Restrictiveness Index, is shown to equal the uniform ...
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(University College Dublin. School of Economics, 1993-12)This paper examines positive and normative implications of tariffs in the presence of persuasive advertising. It demonstrates that protection affects imports, the domestic consumer price and the terms of trade directly and ...
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(University College Dublin. School of Economics, 2009-10-22)The majority of research to date investigating strategic tariffs in the presence of multinationals finds a knife-edge result where, in equilibrium, all foreign firms are either multinationals or exporters. Utilizing a ...
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(University College Dublin. School of Economics, 1987-03)This paper begins by reexamining the equivalence of tariffs and quantitative trade restrictions. It is argued that equivalence holds in extremely general circumstances but that this fact must be interpreted with care, since ...