-
作者:MATHIESON, D
-
作者:YANG, CC; TSAI, TR
摘要:This paper investigates optimum North-South tariffs by taking into consideration the fact that tariffs serve mainly as trade policy in the North, but serve as revenue policy as well as trade policy in the South. A statically and endogenously determined conjectural variation is devised to approach the problem. We show that, among other things, there are many possibilities for the North optimally to choose the zero tariff other than only in the case where the elasticity of the South's supply of ...
-
作者:ONO, Y; SHIBATA, A
作者单位:Osaka Metropolitan University
摘要:Using a two-country dynamic optimization model with capital accumulation, we explore the effect of such supply-side changes as a rise in productivity and a reduction in the corporate tax rate on the equilibrium path and the welfare of two countries. The welfare effect consists of a tax distortion term and a wealth term. Those supply-side changes in the creditor country increase its welfare but unambiguously decrease the debtor country's welfare, as capital moves from the debtor country to the ...
-
作者:BAYOUMI, T
-
作者:GHOSH, AR
摘要:The effects of fiscal policies on the terms of trade and the external balance are analysed. The external balance is decomposed into changes in the ownership of world wealth across residents of each country, and changes in the distribution of world wealth represented by assets located in each country. It is shown that a rise of government expenditure on the foreign good deteriorates the home country's terms of trade but improves its net foreign asset position. Whether a reduction in equity taxe...
-
作者:BURDA, M
-
作者:WEINSTEIN, DE
摘要:This paper presents an analysis of the effects of market structure on the propensity of firms to dump goods. The analysis of Brander and Krugman is extended to show that in the presence of transportation costs, bilateral intra-industry trade is not possible without dumping. Contrary to the conventional wisdom, this paper finds that firms in markets with a large number of domestic competitors are more prone to dump unilaterally than firms in less competitive markets. This dumping is not predato...
-
作者:VANDERPLOEG, F
-
作者:MASKUS, KE