Are Uniform Tariffs Optimal?

Are Uniform Tariffs Optimal?
This paper analyzes whether uniform tariffs give rise to the highest welfare compared with tariffs that either escalate or de-escalate along the value chain of production. We show that countries may be better off with de-escalating tariffs where tariff rates are higher on intermediate inputs and lower on final goods. The key point is that higher... READ MORE...

Publication date: April 2004
ISBN 9781451849370
$15.00

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