Welfare effects of tariffs and investment taxes

Files in This Item:
File Description SizeFormat 
wp88_01.pdf678.77 kBAdobe PDFDownload
Title: Welfare effects of tariffs and investment taxes
Authors: Neary, J. Peter
Permanent link: http://hdl.handle.net/10197/1448
Date: Jan-1988
Online since: 2009-09-29T14:00:50Z
Abstract: This paper derives first- and second-best levels of optimal tariffs and taxes on internationally mobile capital in a general model of an open economy. When world prices are fixed (so that non-intervention is optimal), iso-welfare contours in tax-tariff space are shown to be ellipses centred around the origin which are tilted upwards if and only if importables are relatively capital-intensive. Under plausible assumptions, the same is true in the large open economy case, except that the contours are now ellipses centred around the non-zero first-best intervention point.
Item notes: A hard copy is available in UCD Library at GEN 330.08 IR/UNI
Type of material: Working Paper
Publisher: University College Dublin. School of Economics
Series/Report no.: UCD Centre for Economic Research Working Paper Series; WP88/1
Subject LCSH: Tariff
Welfare economics
Commercial policy
Language: en
Status of Item: Not peer reviewed
Appears in Collections:Economics Working Papers & Policy Papers

Show full item record

Page view(s) 50

Last Week
Last month
checked on Nov 27, 2020

Download(s) 50

checked on Nov 27, 2020

Google ScholarTM


This item is available under the Attribution-NonCommercial-NoDerivs 3.0 Ireland. No item may be reproduced for commercial purposes. For other possible restrictions on use please refer to the publisher's URL where this is made available, or to notes contained in the item itself. Other terms may apply.