| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP344 |
| DP344 Time-Consistent Oil Import Tariffs | |
| David Newbery; Larry Karp | |
| 发表日期 | 1989-11-01 |
| 出版年 | 1989 |
| 语种 | 英语 |
| 摘要 | Open-loop Nash extraction plans of exhaustible resource producers (in which producers take the plans of others as given) are time-consistent, but the normal specification of the open-loop import plans of countries with market power (in which countries take the import tariffs of other importers as given) are normally time-inconsistent. The paper shows why, and derives time-consistent, open-loop Nash tariffs in a natural formulation of the problem. The two tariffs can be readily computed and compared, and differ except for a special class of import demands. The time paths of tariffs and the welfare cost of an inability to commit are calculated for a dominant importer. The welfare costs are small if its market share is below one half. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Exhaustible resources Imports Natural resources Tariffs |
| URL | https://cepr.org/publications/dp344 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529501 |
| 推荐引用方式 GB/T 7714 | David Newbery,Larry Karp. DP344 Time-Consistent Oil Import Tariffs. 1989. |
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