Reciprocal Import Tariffs in the Monopolistic Competition Open Economy

Статья в журнале
Aizenberg N., Bykadorov I.
Olenev N.; Evtushenko Y.; Malkova V.; Jaćimović M.; Khachay M.
978-303147858-1
2023
We use the standard Krugman’s one-sector trade model, with unspecified variable-elasticity preferences. We study the impact of reciprocal import tariffs on welfare among symmetric countries (a free-trade agreement). We show that, without transport costs, any ad valorem tariffs or subsidies are always harmful. This is also true under “flatter” demands, satisfying the realistic assumptions of increasingly elastic demand (IED) and decreasingly-elastic utility (DEU). © 2023, The Author(s), under exclusive license to Springer Nature Switzerland AG.

Библиографическая ссылка

Aizenberg N., Bykadorov I. Reciprocal Import Tariffs in the Monopolistic Competition Open Economy // Lecture Notes in Computer Science. Vol.14395 LNCS. 2023. P.191-206. ISBN (print): 978-303147858-1. DOI: 10.1007/978-3-031-47859-8_14
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