Tariffs, quotas and piecemeal policy reform

This paper extends recent results on the welfare implications of piecemeal tariff adjustments to include cases where the initial trade distortions involve both tariffs and quotas. It shows that the standard prescriptions for piecemeal tariff reform are largely unaffected by the presence of unalterab...

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Veröffentlicht in:Journal of international economics 1988-08, Vol.25 (1), p.177-183
1. Verfasser: Falvey, Rodney E.
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creator Falvey, Rodney E.
description This paper extends recent results on the welfare implications of piecemeal tariff adjustments to include cases where the initial trade distortions involve both tariffs and quotas. It shows that the standard prescriptions for piecemeal tariff reform are largely unaffected by the presence of unalterable quotas on other goods. Prescriptions for piecemeal quota reform are also derived, although they are constrained by the presence of unalterable tariffs.
doi_str_mv 10.1016/0022-1996(88)90012-8
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identifier ISSN: 0022-1996
ispartof Journal of international economics, 1988-08, Vol.25 (1), p.177-183
issn 0022-1996
1873-0353
language eng
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source RePEc; Elsevier ScienceDirect Journals; Periodicals Index Online
subjects Economic theory
Quotas
Reform
Reforms
Tariffs
Trade policy
title Tariffs, quotas and piecemeal policy reform
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