Welfare versus market access : the implications of tariff structure for tariff reform

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dc.contributor.author Anderson, James E.
dc.contributor.author Neary, J. Peter
dc.date.accessioned 2009-07-21T16:21:18Z
dc.date.available 2009-07-21T16:21:18Z
dc.date.issued 2004-09
dc.identifier.uri http://hdl.handle.net/10197/1266
dc.description.abstract 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 for welfare- and market-access-improving tariff changes, which imply two "cones of liberalisation" in price space. Because welfare is negatively but import volume positively related to the generalised variance, the cones do not intersect, which poses a dilemma for trade policy reform. Finally, we show that generalised and trade-weighted moments are mutually proportional when the trade expenditure function is CES. en
dc.format.extent 556996 bytes
dc.format.mimetype application/pdf
dc.language.iso en en
dc.publisher University College Dublin. School of Economics en
dc.relation.ispartofseries UCD Centre for Economic Research Working Paper Series en
dc.relation.ispartofseries WP04/23 en
dc.subject Concertina rule en
dc.subject Market access en
dc.subject Piecemeal policy reform en
dc.subject Tariff moments en
dc.subject Uniform tariff reductions en
dc.subject.classification F13 en
dc.subject.classification F15 en
dc.subject.lcsh Commercial policy en
dc.subject.lcsh International economic integration en
dc.subject.lcsh Tariff en
dc.title Welfare versus market access : the implications of tariff structure for tariff reform en
dc.type Working Paper en
dc.internal.authorid UCD0042 en
dc.internal.availability Full text available en
dc.internal.webversions Publisher's version en
dc.internal.webversions http://www.ucd.ie/economics/research/papers/2004/WP04.23.pdf en
dc.status Not peer reviewed en
dc.neeo.contributor Anderson|James E.|aut| en
dc.neeo.contributor Neary|J. Peter|aut|UCD0042 en


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