Multilateral transfers, export taxation and asymmetry

• 成果类型: Article
• 署名作者: Bandyopadhyay, S; Majumdar, B
• 署名单位: West Virginia University
• 刊物名称: JOURNAL OF DEVELOPMENT ECONOMICS
• ISSN/ISSBN: 0304-3878
• DOI: 10.1016/j.jdeveco.2003.05.001
• 发表日期: 2004
• 页码: 715-725
• 关键词: immiserizing transfers; Foreign aid; multicountry Nash export taxation model; asymmetry between nations; primary-product-exporting nations

摘要

It has been established that under free trade, transfers that are proportional to the trade volumes of recipient nations cannot immiserize them. We investigate this result in the context of a three-country model of export taxation (by recipient nations). Proportional transfers can be immiscrizing in the presence of fixed export taxes. Under Nash welfare maximizing export taxes, proportional transfers cannot immiserize the recipients. Consequences of asymmetry in size and in Nash equilibrium tax rates are also explored. The findings are relevant for developing nations who use export taxes and also receive foreign aid. (C) 2003 Elsevier B.V. All rights reserved.