G2TT
来源类型Discussion paper
规范类型论文
来源IDDP345
DP345 Trade Liberalization and Shadow Prices in the Presence of Tariffs and Quotas
Peter Neary
发表日期1989-11-01
出版年1989
语种英语
摘要This paper examines the welfare effects of partial trade liberalization when trade is restricted by tariffs, quotas or some combination of both instruments. Rules for optimal first- and second-best intervention are derived and illustrated (using a new geometric technique) in both small and large open economies. A general expression for shadow prices of factors of production, which applies in both small and large economies, with or without quotas, is also derived. Welfare paradoxes are possible whenever exogenous changes raise (lower) imports of goods subject to trade restrictions which are below (above) optimal levels.
主题International Trade and Regional Economics
关键词Immiserizing growth Piecemeal policy reform Quotas Shadow prices Tariffs Trade liberalization
URLhttps://cepr.org/publications/dp345
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/529502
推荐引用方式
GB/T 7714
Peter Neary. DP345 Trade Liberalization and Shadow Prices in the Presence of Tariffs and Quotas. 1989.
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