Pitfalls in the theory of international trade policy : concertina reform of tariffs, and subsidies to high-technology industries

DC FieldValueLanguage
dc.contributor.authorNeary, J. Peter
dc.date.accessioned2011-06-14T14:24:18Z
dc.date.available2011-06-14T14:24:18Z
dc.date.issued1997-09-24
dc.identifier.other199726en
dc.identifier.urihttp://hdl.handle.net/10197/2979
dc.description.abstractThis paper explores the links between international trade theory and the practice of trade and industrial policy in open economies, with special attention to three areas where theoretical lessons have been misunderstood in policy debates. I argue that the "concertina rule" for tariff reform justifies reductions in high tariffs but not moves towards uniformity and particularly not increases in low tariffs. I show that the basic principles of tariff reform are the same in unilateral, multilateral and customs union contexts. Finally, I suggest that the theory of strategic trade policy does not justify subsidies to high-technology industries.en
dc.description.sponsorshipNot applicableen
dc.format.extent4100473 bytes
dc.format.mimetypeapplication/pdf
dc.language.isoenen
dc.publisherUniversity College Dublin. School of Economicsen
dc.relation.ispartofseriesUCD Centre for Economic Research Working Paper Seriesen
dc.relation.ispartofseriesWP97/26en
dc.subjectTrade liberalisationen
dc.subjectTariff reformen
dc.subjectConcertina ruleen
dc.subjectCustoms unionsen
dc.subjectStrategic trade policyen
dc.subjectIndustrial policyen
dc.subject.classificationF13en
dc.subject.lcshFree tradeen
dc.subject.lcshTariffen
dc.subject.lcshCustoms unionsen
dc.subject.lcshCommercial policyen
dc.subject.lcshIndustrial policyen
dc.titlePitfalls in the theory of international trade policy : concertina reform of tariffs, and subsidies to high-technology industriesen
dc.typeWorking Paperen
dc.internal.availabilityFull text availableen
dc.statusNot peer revieweden
dc.neeo.contributorNeary|J. Peter|aut|-
item.grantfulltextopen-
item.fulltextWith Fulltext-
Appears in Collections:Economics Working Papers & Policy Papers
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