Illusory revenues: Import tariffs in resource-rich and aid-rich economies

• 成果类型: Article
• 署名作者: Collier, Paul; Venables, Anthony J.
• 署名单位: University of Oxford; University of Oxford; Centre for Economic Policy Research - UK
• 刊物名称: JOURNAL OF DEVELOPMENT ECONOMICS
• ISSN/ISSBN: 0304-3878
• DOI: 10.1016/j.jdeveco.2010.01.015
• 发表日期: 2011
• 页码: 202-206
• 关键词: aid; natural resources; import tariffs

摘要

Where imports are financed predominantly by rents from resource extraction or aid the revenue generated by tariffs is illusory. Revenue earned by the tariff is offset by a reduction in the real value of aid and resource rents. Revenue is however moved between accounts in the government budget which, in the case of aid, may reduce the burden of donor conditionality. We demonstrate this proposition for a simple central case and show that the result is not overturned by generalisations around this case. We argue that trade policy formulation in such economies should recognize the illusory nature of tariff revenues. (C) 2010 Elsevier B.V. All rights reserved.