Journal article
Endogenous choice of trade policy instruments
Journal of international economics, Vol.23(3), pp.377-381
11/01/1987
DOI: 10.1016/0022-1996(87)90063-8
Abstract
Recently developed theories of endogenous trade policy formation have attempted to explain tariffs as the result of economic interest-seeking by individuals or groups. This note demonstrates that tariffs will not emerge as a policy choice if income is redistributed solely through trade policy-induced factor price changes. A production tax cum subsidy will be adopted as both gainers and losers are better off than with a tariff.
Details
- Title: Subtitle
- Endogenous choice of trade policy instruments
- Creators
- Wolfgang Mayer - University of CincinnatiRaymond G. Riezman - University of Iowa
- Resource Type
- Journal article
- Publication Details
- Journal of international economics, Vol.23(3), pp.377-381
- DOI
- 10.1016/0022-1996(87)90063-8
- ISSN
- 0022-1996
- eISSN
- 1873-0353
- Publisher
- Elsevier B.V
- Number of pages
- 5
- Language
- English
- Date published
- 11/01/1987
- Academic Unit
- Economics
- Record Identifier
- 9984963197202771
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