G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w21423
来源IDWorking Paper 21423
The Armington Assumption and the Size of Optimal Tariffs
Chunding Li; Jing Wang; John Whalley
发表日期2015-08-03
出版年2015
语种英语
摘要There has been commentary on the seeming success of the world trading system responding to the large shock of the 2008 financial crisis without an outbreak of retaliatory market closing. The threat of large retaliatory tariffs and fears of a 1930s style downturn in trade have been associated with numerical trade modelling which project post retaliation optimal tariffs in excesses of 100%. In the relevant numerical modelling it is common to use the Armington assumption of product heterogeneity by country. Here we argue and show by numerical calculation that the widespread use of this assumption gives a large upward bias to optimal tariffs, both first step and post retaliation, relative to alternative homogenous good models used in trade theory.
主题International Economics ; Trade
URLhttps://www.nber.org/papers/w21423
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/579098
推荐引用方式
GB/T 7714
Chunding Li,Jing Wang,John Whalley. The Armington Assumption and the Size of Optimal Tariffs. 2015.
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