作者:Ihori, T
摘要:This paper investigates the impacts of productivity differentials in contributing to the public good on national welfare in the context of non-cooperative voluntary provision of a pure public good. A country with high productivity does not necessarily enjoy high welfare. Subsidizing the other country in a contribution game may lead to a strong paradoxical result, while a lump-sum transfer will lead to a weak paradoxical result. We also explore the relationship between the price of the public g...
作者:Osang, T; Pereira, A
作者单位:William & Mary; Southern Methodist University
摘要:In this paper we study the relationship between tariff structure, growth and welfare for a small, open country with endogenous growth induced by human capital accumulation. Using a model with trade in consumption and two investment goods, we consider the short- and long-run effects of a permanent unanticipated increase in the tariff rates under different replacement regimes, i.e. lump-sum transfer or investment tax credit. We show that most tariffs reduce growth, even in the short run. Also, a...