Last edited by Faejar
Friday, May 15, 2020 | History

2 edition of Are uniform tariffs optimal? found in the catalog.

Are uniform tariffs optimal?

Mary Amiti

Are uniform tariffs optimal?

by Mary Amiti

  • 203 Want to read
  • 40 Currently reading

Published by International Monetary Fund in [Washington, D.C.] .
Written in English

    Subjects:
  • Tariffs,
  • Vertical integration,
  • Industrial location

  • Edition Notes

    StatementMary Amiti.
    SeriesIMF working paper -- WP/04/72
    ContributionsInternational Monetary Fund. Research Dept.
    The Physical Object
    Pagination18 p. ;
    Number of Pages18
    ID Numbers
    Open LibraryOL21126740M

      Using book and chapter pages; Using Research Literature Reviews; Elgaronline User Help Videos - Spanish; Purchase Options. Major subject collections; Encyclopedia of Private International Law; Encyclopedia of Law and Economics, 2nd Edition; Elgar Encyclopedia of Environmental Law; Elgar Encyclopedia of International Economic Law; Subject Author: Albert Schweinberger. Optimal Tariffs: The Evidence Christian Broda, Nuno Limão, and David Weinstein NBER Working Paper No. February , Revised January JEL No. F13,H21,F14 ABSTRACT The theoretical debate over whether countries can and should set tariffs in response to the foreign export elasticities they face goes back to Edgeworth ().

    Optimal tariffs rates are shown in percentage terms ((T H − 1) × ). Foreign imposes a tariff at a rate of %. Foreign imposes a tariff at a rate of %. “Ratio” reports the ratio of the highest to the lowest optimal tariff in a column and row, by: ical Ricardian model, optimal import tariffs should be uniform, whereas optimal export subsidies should be weakly decreasing with respect to compar-ative advantage, reflecting the fact that countries have more room to manipu-late prices in their comparative-advantage sectors. Quantitative exercises.

    Search this site: Humanities. Architecture and Environmental Design; Art History. Trends and Issues in Tax Policy and Reform in India T is known as the optimal taxation school. It recognizes the difficulties among other things, of uniform tariffs and a broad-basedFile Size: KB.


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Are uniform tariffs optimal? by Mary Amiti Download PDF EPUB FB2

Are Uniform Tariffs Optimal. Prepared by Mary Amiti1 Authorized for distribution by Shang-Jin Wei April Abstract This Working Paper should not be reported as representing the views of the IMF.

The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. This paper analyzes whether uniform tariffs give rise to the highest welfare compared with tariffs that either escalate or de-escalate along the value chain of production.

We. Download Citation | Are Uniform Are uniform tariffs optimal? book Optimal. | This paper analyzes whether uniform tariffs give rise to the highest welfare compared with tariffs that either escalate or de-escalate along the Author: Mary Amiti.

Downloadable. This paper analyzes whether uniform tariffs give rise to the highest welfare compared with tariffs that either escalate or de-escalate along the value chain of production.

We show that countries may be better off with de-escalating tariffs where tariff rates are higher on intermediate inputs and lower on final goods.

The key point is that higher tariffs can encourage. Trade Theory, Analytical Models and Development, comprises 11 essays offering new contributions on the following topics: trade and wages; factor endowments, factor mobility and political economy of trade; optimality of tariffs; measurement of welfare; customs union theory; endogenous mergers and tariffs; intra-industry trade; state trading enterprises and trade liberalisation; general Cited by: 1.

This paper analyzes whether uniform tariffs give rise to the highest welfare compared with tariffs that either escalate or de-escalate along the value chain of production. We show that countries may be better off with de-escalating tariffs where tariff rates are higher on intermediate inputs and lower on final goods.

The key point is that higher tariffs can encourage agglomeration of. A Practical Guide to the Arguments for and Against Uniform Tariffs David G. Tarr1 Lead Economist, The World Bank we argue below that low and uniform tariffs are preferred to a high and varied tariff structure.

the values optimal tariffs could reasonably be. Tariffs tend to reduce competition in many situations. And whatever the effects of tariffs on the US economy, high tariffs tend to reduce overall global welfare by constraining producer and consumer choices and reducing global output. Still, optimal tariff theory does have important implications for US trade policy even within the WTO.

political-economy arguments for a uniform tariff have simply not been spellid out. This is all the more surprising since in recent years the literature on the political economy of trade policy has grown rapidly.

In this paper, we provide a formal analysis of some political-economy arguments for uniform tariffs. Political-Economy Arguments for a Uniform Tariff Arvind Panagariya, Dani Rodrik. NBER Working Paper No. Issued in March NBER Program(s):International Trade and Investment, International Finance and Macroeconomics Uniform tariffs have become increasingly popular in recent years, yet their economic rationale is not strong.

Optimal Tariff Theory is a perfect example to show how in different contexts the same policy can have very different effects on an economy. Usually it’s pretty simple and easy to show that increases in tariffs (all else equal) will worsen the over. The concertina model, sometimes referred to as the concertina rule or "concertina method", is an international trade liberalisation strategy, which consists of removing the highest tariffs first.

Amiti (, p. 3) traces this "idea back to Meade (, Trade and Welfare) who concluded that the welfare gains will be larger if tariffs on those goods with the highest tariffs are reduced first.

This paper examines the theory underpinning the design of optimal tariffs in a developing economy, and the experience of implementation of tariff reforms. A central issue is whether and when a case can be made for a uniform tariff structure.

While theory advocates a differentiated tariff structure (except under a balance of payments objective), political economy considerations, inadequate Cited by: 4.

It is shown that a necessary condition for an optimal tariff structure is that the tariff on the traded commodities in which the home country is a price taker be uniform. /86/$Elsevier Science Publishers B.V. (North-Holland) 42 R.R. Mantel and A.M. Martirena-Mantel, On the uniformity of optimal tariffs Section 4 presents a Cited by: 2.

Under the State Government’s uniform tariff policy everyone in the State pays the same price for electricity regardless of where they live – in large metropolitan areas where the cost of purchasing, generating, distributing and retailing electricity is lower or regional and remote areas of the State where the costs are often higher.

This have made several authors wonder how this squares with the experience with CGE models that the welfare loss caused by uniform rather than optimal tariffs is negligible (Dahl et al. ( Get this from a library. Tariffs, optimal taxes and collection costs. [Dubravko Mihaljek; International Monetary Fund.

European Department.] -- This paper studies an optimal tax problem for a small open economy where collecting taxes is costly.

It is shown that, in the presence of collection costs modeled as an increasing function of the tax. The following figure 6 explains the existence of some optimum tariff level. (R) is free trade equilibrium. At that point the volume of trade is og of A-good and oc of the B-good, and the terms of trade are given by the slope of line TP.

This paper studies an optimal tax problem for a small open economy where collecting taxes is costly. It is shown that, in the presence of collection costs modeled as an increasing function of the tax rate: (a) the standard rules of optimal commodity taxation (the Ramsey, the inverse elasticity, the Corlett-Hague rules) may no longer be valid; (b) tariffs may replace domestic taxes as a second.

Home > Policy Research Working Papers > Corruption and Trade Tariffs, or a Case for Uniform Tariffs. Downloadable! By explicitly accounting for the interaction between importers and corrupt customs officials, the author argues that setting trade tariff rates at a uniform level, limits public official's ability to extract bribes from importers.

If the government's main objective is to raise revenues at the minimum cost to welfare, optimally-set tariff rates will be inversely proportional to.The possibility that a tariff could improve national welfare for a large country in international markets was first noted by Robert Torrens.

Since the welfare improvement occurs only if the terms of trade gain exceeds the total deadweight losses, the argument is commonly known as the terms of trade argument for protection. Economists have studied the conditions under which a tariff will.The Optimal Tariff. The possibility that a tariff could improve national welfare for a large country in international markets was first noted by Robert Torrens ().Since the welfare improvement occurs only if the terms of trade gain exceeds the total deadweight losses, the argument is commonly known as the Terms of Trade Argument for protection.