G2TT
来源类型Discussion paper
规范类型论文
来源IDDP3607
DP3607 Tax Competition and the Nature of Capital
Richard Baldwin; Rikard Forslid
发表日期2002-10-20
出版年2002
语种英语
摘要This Paper examines the welfare implications of non-discriminatory tariff reforms by a subset of countries, which we term a non-preferential trading club. We show that there exist coordinated tariff reforms, accompanied by appropriate income transfers between these countries, which unambiguously increase the welfare of these member countries while leaving the welfare of non-members unaltered. These tariff reforms are chosen to maintain world prices at their pre-club levels and, in this respect, the trading clubs act in a Kemp-Wan-like manner. In terms of economic policy implications, our results show that there exist regional, MFN-consistent arrangements that lead to Pareto improvements in world welfare. Open regionalism is an example of such trading arrangements.
主题International Trade and Regional Economics
关键词Trading clubs Non-preferential tariff policies Open regionalism Customs unions Kemp-wan proposition
URLhttps://cepr.org/publications/dp3607
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/532613
推荐引用方式
GB/T 7714
Richard Baldwin,Rikard Forslid. DP3607 Tax Competition and the Nature of Capital. 2002.
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