What Do We Know About Tariff Incidence?:
This paper examines the question: Who bears the larger portion of the excess burden of a tariff-the country that imposes it, or a country that it trades with? For a country that can influence its terms of trade, there are two ways of approaching this question. This paper shows that under certain ass...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2004
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Schriftenreihe: | IMF Working Papers
Working Paper No. 04/182 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | This paper examines the question: Who bears the larger portion of the excess burden of a tariff-the country that imposes it, or a country that it trades with? For a country that can influence its terms of trade, there are two ways of approaching this question. This paper shows that under certain assumptions, the extra burden from a marginal change in the homecountry tariff is shared equally between the home and foreign country at a tariff rate equal to twice the optimal tariff for the home country. Also, the cumulative welfare effect of a tariff in the home country, relative to free trade, turns out to be equalized across countries when the home tariff equals four times its optimal tariff. The paper provides an application of these results and points policymakers to the types of data that are relevant if they want to negotiate over ""burden sharing |
Beschreibung: | 1 Online-Ressource (22 p) |
ISBN: | 1451859295 9781451859294 |
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spelling | Tokarick, Stephen Verfasser aut What Do We Know About Tariff Incidence? Tokarick, Stephen Washington, D.C International Monetary Fund 2004 1 Online-Ressource (22 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 04/182 This paper examines the question: Who bears the larger portion of the excess burden of a tariff-the country that imposes it, or a country that it trades with? For a country that can influence its terms of trade, there are two ways of approaching this question. This paper shows that under certain assumptions, the extra burden from a marginal change in the homecountry tariff is shared equally between the home and foreign country at a tariff rate equal to twice the optimal tariff for the home country. Also, the cumulative welfare effect of a tariff in the home country, relative to free trade, turns out to be equalized across countries when the home tariff equals four times its optimal tariff. The paper provides an application of these results and points policymakers to the types of data that are relevant if they want to negotiate over ""burden sharing Online-Ausg http://elibrary.imf.org/view/IMF001/07883-9781451859294/07883-9781451859294/07883-9781451859294.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Tokarick, Stephen What Do We Know About Tariff Incidence? |
title | What Do We Know About Tariff Incidence? |
title_auth | What Do We Know About Tariff Incidence? |
title_exact_search | What Do We Know About Tariff Incidence? |
title_exact_search_txtP | What Do We Know About Tariff Incidence? |
title_full | What Do We Know About Tariff Incidence? Tokarick, Stephen |
title_fullStr | What Do We Know About Tariff Incidence? Tokarick, Stephen |
title_full_unstemmed | What Do We Know About Tariff Incidence? Tokarick, Stephen |
title_short | What Do We Know About Tariff Incidence? |
title_sort | what do we know about tariff incidence |
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