Author: Arvind Panagariya
Publisher: World Bank Publications
ISBN:
Category : Politica comercial
Languages : en
Pages : 34
Book Description
In recent years uniform tariffs have become increasingly popular but economists have not formulated a rationale that demonstrates their superiority to alternative tariff structures. Do strong political economy arguments exist that favor uniform tariffs?
Political-Economy Arguments for Uniform Tariff
Author: Arvind Panagariya
Publisher: World Bank Publications
ISBN:
Category : Politica comercial
Languages : en
Pages : 34
Book Description
In recent years uniform tariffs have become increasingly popular but economists have not formulated a rationale that demonstrates their superiority to alternative tariff structures. Do strong political economy arguments exist that favor uniform tariffs?
Publisher: World Bank Publications
ISBN:
Category : Politica comercial
Languages : en
Pages : 34
Book Description
In recent years uniform tariffs have become increasingly popular but economists have not formulated a rationale that demonstrates their superiority to alternative tariff structures. Do strong political economy arguments exist that favor uniform tariffs?
Political-Economy Arguments for a Uniform Tariff
Author: Arvind Panagariya
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Uniform tariffs have become increasingly popular in recent years, yet their economic rationale is not strong. We identify and evaluate three sets of reasons as to why governments may prefer tariff uniformity as a means of alleviating political motives for excessive protection. First, a free-rider effect may be conducive to less lobbying under a uniform tariff regime than under a regime in which tariffs are allowed to differ. Second, an input-price effect may dampen the enthusiasm of final-goods producers for import protection. Third, a precommitment effect may increase the cost to a future government of protecting favored sectors. None of these arguments provides an unambiguous, airtight case for tariff uniformity. The decision on uniformity has to be made on a case-by-case basis.
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Uniform tariffs have become increasingly popular in recent years, yet their economic rationale is not strong. We identify and evaluate three sets of reasons as to why governments may prefer tariff uniformity as a means of alleviating political motives for excessive protection. First, a free-rider effect may be conducive to less lobbying under a uniform tariff regime than under a regime in which tariffs are allowed to differ. Second, an input-price effect may dampen the enthusiasm of final-goods producers for import protection. Third, a precommitment effect may increase the cost to a future government of protecting favored sectors. None of these arguments provides an unambiguous, airtight case for tariff uniformity. The decision on uniformity has to be made on a case-by-case basis.
The National System of Political Economy
Author: Friedrich List
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 434
Book Description
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 434
Book Description
The Political Economy of Trade Policy
Author: Robert C. Feenstra
Publisher: MIT Press
ISBN: 9780262061865
Category : Business & Economics
Languages : en
Pages : 334
Book Description
This collection of papers by former students and colleagues celebrates the profound impact that Jagdish Bhagwati has had on the field of international economics over the past three decades. Bhagwati, who is the Arthur Lehman Professor of Economics at Columbia University, has made pathbreaking contributions to the theory of international trade and commercial policy, including immiserizing growth, domestic distortions, economic development, and political economy. His success and influence as a teacher and mentor is widely recognized among students at both MIT and Columbia, and as founder of the Journal of International Economics, he has encouraged research on many questions of theoretical and policy relevance. The political economy of trade policy, Bhagwati's most recent area of interest, is the theme of this collection which addresses salient topics including market distortions, income distribution, and the political process of policy-making. Sections and Contributors Market Distortions, T. N. Srinivasan. Paul A. Samuelson. Paul R. Krugman * Trade and Income Distribution, Douglas A. Irwin. Richard A. Brecher and Ehsan U. Choudri. Robert C. Feenstra and Gordon H. Hanson. Earl L. Grinols * Perspectives on Political Economy, Robert E. Baldwin. Peter Diamond * Models of Political Economy and Trade, Gene M. Grossman and Elhana Helpman. John Douglas Wilson. B. Peter Rosendorff. Arvind Panagariya and Ronald Findlay
Publisher: MIT Press
ISBN: 9780262061865
Category : Business & Economics
Languages : en
Pages : 334
Book Description
This collection of papers by former students and colleagues celebrates the profound impact that Jagdish Bhagwati has had on the field of international economics over the past three decades. Bhagwati, who is the Arthur Lehman Professor of Economics at Columbia University, has made pathbreaking contributions to the theory of international trade and commercial policy, including immiserizing growth, domestic distortions, economic development, and political economy. His success and influence as a teacher and mentor is widely recognized among students at both MIT and Columbia, and as founder of the Journal of International Economics, he has encouraged research on many questions of theoretical and policy relevance. The political economy of trade policy, Bhagwati's most recent area of interest, is the theme of this collection which addresses salient topics including market distortions, income distribution, and the political process of policy-making. Sections and Contributors Market Distortions, T. N. Srinivasan. Paul A. Samuelson. Paul R. Krugman * Trade and Income Distribution, Douglas A. Irwin. Richard A. Brecher and Ehsan U. Choudri. Robert C. Feenstra and Gordon H. Hanson. Earl L. Grinols * Perspectives on Political Economy, Robert E. Baldwin. Peter Diamond * Models of Political Economy and Trade, Gene M. Grossman and Elhana Helpman. John Douglas Wilson. B. Peter Rosendorff. Arvind Panagariya and Ronald Findlay
Principles of Political Economy
Author: John Stuart Mill
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 628
Book Description
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 628
Book Description
A Political-economy Analysis of Free Trade Areas and Customs Unions
Author: Arvind Panagariya
Publisher: World Bank Publications
ISBN:
Category : Aduanas
Languages : en
Pages : 31
Book Description
A customs union is more effective than a free trade area for diluting the power of interest groups.
Publisher: World Bank Publications
ISBN:
Category : Aduanas
Languages : en
Pages : 31
Book Description
A customs union is more effective than a free trade area for diluting the power of interest groups.
Peddling Protectionism
Author: Douglas A. Irwin
Publisher: Princeton University Press
ISBN: 1400888425
Category : Business & Economics
Languages : en
Pages : 265
Book Description
A history of America's most infamous tariff The Smoot-Hawley tariff of 1930, which raised U.S. duties on hundreds of imported goods to record levels, is America's most infamous trade law. It is often associated with—and sometimes blamed for—the onset of the Great Depression, the collapse of world trade, and the global spread of protectionism in the 1930s. Even today, the ghosts of congressmen Reed Smoot and Willis Hawley haunt anyone arguing for higher trade barriers; almost single-handedly, they made protectionism an insult rather than a compliment. In Peddling Protectionism, Douglas Irwin provides the first comprehensive history of the causes and effects of this notorious measure, explaining why it largely deserves its reputation for combining bad politics and bad economics and harming the U.S. and world economies during the Depression. In four brief, clear chapters, Irwin presents an authoritative account of the politics behind Smoot-Hawley, its economic consequences, the foreign reaction it provoked, and its aftermath and legacy. Starting as a Republican ploy to win the farm vote in the 1928 election by increasing duties on agricultural imports, the tariff quickly grew into a logrolling, pork barrel free-for-all in which duties were increased all around, regardless of the interests of consumers and exporters. After Herbert Hoover signed the bill, U.S. imports fell sharply and other countries retaliated by increasing tariffs on American goods, leading U.S. exports to shrivel as well. While Smoot-Hawley was hardly responsible for the Great Depression, Irwin argues, it contributed to a decline in world trade and provoked discrimination against U.S. exports that lasted decades. Peddling Protectionism tells a fascinating story filled with valuable lessons for trade policy today.
Publisher: Princeton University Press
ISBN: 1400888425
Category : Business & Economics
Languages : en
Pages : 265
Book Description
A history of America's most infamous tariff The Smoot-Hawley tariff of 1930, which raised U.S. duties on hundreds of imported goods to record levels, is America's most infamous trade law. It is often associated with—and sometimes blamed for—the onset of the Great Depression, the collapse of world trade, and the global spread of protectionism in the 1930s. Even today, the ghosts of congressmen Reed Smoot and Willis Hawley haunt anyone arguing for higher trade barriers; almost single-handedly, they made protectionism an insult rather than a compliment. In Peddling Protectionism, Douglas Irwin provides the first comprehensive history of the causes and effects of this notorious measure, explaining why it largely deserves its reputation for combining bad politics and bad economics and harming the U.S. and world economies during the Depression. In four brief, clear chapters, Irwin presents an authoritative account of the politics behind Smoot-Hawley, its economic consequences, the foreign reaction it provoked, and its aftermath and legacy. Starting as a Republican ploy to win the farm vote in the 1928 election by increasing duties on agricultural imports, the tariff quickly grew into a logrolling, pork barrel free-for-all in which duties were increased all around, regardless of the interests of consumers and exporters. After Herbert Hoover signed the bill, U.S. imports fell sharply and other countries retaliated by increasing tariffs on American goods, leading U.S. exports to shrivel as well. While Smoot-Hawley was hardly responsible for the Great Depression, Irwin argues, it contributed to a decline in world trade and provoked discrimination against U.S. exports that lasted decades. Peddling Protectionism tells a fascinating story filled with valuable lessons for trade policy today.
Essays on Political Economy
Author: Frédéric Bastiat
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 58
Book Description
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 58
Book Description
Handbook of International Economics
Author: G.M. Grossman
Publisher: Elsevier
ISBN: 0080933459
Category : Business & Economics
Languages : en
Pages : 896
Book Description
Handbook of International Economics
Publisher: Elsevier
ISBN: 0080933459
Category : Business & Economics
Languages : en
Pages : 896
Book Description
Handbook of International Economics
Corruption and Trade Tariffs, Or a Case for Uniform Tariffs
Author: Roberta Gatti
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 22
Book Description
A highly diversified trade tariff menu may fuel bribe-taking behavior. Setting trade tariff rates at a uniform level limits public officials' ability to extract bribes from importers.
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 22
Book Description
A highly diversified trade tariff menu may fuel bribe-taking behavior. Setting trade tariff rates at a uniform level limits public officials' ability to extract bribes from importers.