G2TT
来源类型Discussion paper
规范类型论文
来源IDDP10219
DP10219 Optimal trade policy with monopolistic competition and heterogeneous firms
Anthony Venables; Jan I. Haaland
发表日期2014-10-26
出版年2014
语种英语
摘要This paper derives optimal trade and domestic taxes for a small open economy containing a monopolistically competitive (MC) sector in which firms may have heterogeneous productivity levels. Domestic protection brings gains from expanding the number of product varieties on offer, but these gains (and the corresponding rates of domestic subsidy or of import tariffs) are reduced by heterogeneity of foreign exporters who may withdraw from the market. Our analysis encompasses special cases in which the domestic MC sector can expand or contract flexibly, or is of fixed size. In the latter case gains from protection arise from terms of trade effects and, since various margins of substitution are switched off, only the relative values of domestic taxes, import tariffs and export taxes matter.
主题International Trade and Regional Economics
关键词Trade policy Monopolistic competition Heterogeneous firms Terms of trade Variety Productivity
URLhttps://cepr.org/publications/dp10219
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/539052
推荐引用方式
GB/T 7714
Anthony Venables,Jan I. Haaland. DP10219 Optimal trade policy with monopolistic competition and heterogeneous firms. 2014.
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