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The Welfare Effects of Differential Tariff Rates
Author(s) -
Ogawa Yoshitomo
Publication year - 2009
Publication title -
review of development economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.531
H-Index - 50
eISSN - 1467-9361
pISSN - 1363-6669
DOI - 10.1111/j.1467-9361.2009.00511.x
Subject(s) - tariff , economics , welfare , differential (mechanical device) , international economics , market economy , engineering , aerospace engineering
This paper considers a two‐country, three‐good economy in which one country imposes tariffs on import goods at a uniform rate, while the other country engages in free trade. In such an economy, we examine the welfare effects of changing tariff rates toward differential tariffs from uniform tariffs.