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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w28380 |
来源ID | Working Paper 28380 |
A Second-best Argument for Low Optimal Tariffs | |
Lorenzo Caliendo; Robert C. Feenstra; John Romalis; Alan M. Taylor | |
发表日期 | 2021-01-25 |
出版年 | 2021 |
语种 | 英语 |
摘要 | We derive a new formula for the optimal uniform tariff in a small-country, heterogeneous-firm model with roundabout production and a nontraded good. Tariffs are applied on imported intermediate inputs. First-best policy requires that markups on domestic intermediate inputs are offset by subsidies. In a second-best setting where such subsidies are not used, the double- marginalization of domestic markups creates a strong incentive to lower the optimal tariff on imported inputs. In a 186-country quantitative model, the median optimal tariff is 10%, and negative for five countries, as compared to 27% in manufacturing from the one-sector, optimal tariff formula without roundabout production. |
主题 | International Economics ; Trade ; Globalization and International Relations |
URL | https://www.nber.org/papers/w28380 |
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/586054 |
推荐引用方式 GB/T 7714 | Lorenzo Caliendo,Robert C. Feenstra,John Romalis,et al. A Second-best Argument for Low Optimal Tariffs. 2021. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w28380.pdf(616KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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