G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w19689
来源IDWorking Paper 19689
Comparative Advantage and Optimal Trade Policy
Arnaud Costinot; Dave Donaldson; Jonathan Vogel; Ivan Werning
发表日期2013-12-05
出版年2013
语种英语
摘要The theory of comparative advantage is at the core of neoclassical trade theory. Yet we know little about its implications for how nations should conduct their trade policy. For example, should import sectors with weaker comparative advantage be protected more? Conversely, should export sectors with stronger comparative advantage be subsidized less? In this paper we take a first stab at exploring these issues. Our main results imply that in the context of a canonical Ricardian model, optimal import tariffs should be uniform, whereas optimal export subsidies should be weakly decreasing with respect to comparative advantage, reflecting the fact that countries have more room to manipulate prices in their comparative-advantage sectors. Quantitative exercises suggest substantial gains from such policies relative to simpler tax schedules.
主题International Economics ; Trade
URLhttps://www.nber.org/papers/w19689
来源智库National Bureau of Economic Research (United States)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/577364
推荐引用方式
GB/T 7714
Arnaud Costinot,Dave Donaldson,Jonathan Vogel,et al. Comparative Advantage and Optimal Trade Policy. 2013.
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