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Effective Tariff Protection in a Simple General Equilibrium Model

Bibliographic Data

ID9725689
AuthorsWolfgang Mayer (0000-0002-2154-2269, corresponding author)
Year1971
Volume38
Issue151
Pages253
Publication date1971-08-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueEconomica (JOURNAL)
Journal identifiersISSN: 0013-0427 • E-ISSN: 1468-0335
PublisherJSTOR (PUBLISHER)
DOI10.2307/2552842
OpenAlexW2021327114
LanguageEN
References cited11

The tariff structure of an economy consists of the whole set of tariffs and subsidies on final and intermediate goods crossing its borders. One important effect of the imposition of such a tariff structure is that the resulting production pattern of the economy usually will differ from that prevailing under a system of free trade. To envisage the direction in which the production pattern changes, it is desirable to have an indicator based on tariff rates. If the chosen indicator predicts that the new tariff structure causes an industry to expand relatively to other industries, then the expanding industry will be said to be protected. Initially, the concept of nominal rate of was used as an indicator of protection of the industry producing a final good on which a duty is imposed. If nj is the rate of protection of industryj, and pf and pl denote the price of the jth good produced by the jth industry under free trade and with tariffs respectively, then

Econometrics · Economics · Final good · General equilibrium theory · International economics · Market economy · Microeconomics · Production (economics) · Simple (philosophy) · Subsidy · Tariff · Global Trade and Competitiveness · Global trade and economics

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    Giorgio Basevi•The Review of Economics and…•1966

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    Bela Balassa•Journal of Political Economy•1965

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    William P Travis•Journal of Political Economy•1968

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    W Max Corden•Journal of Political Economy•1966

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    Ronald W Jones•Journal of Political Economy•1965

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    Wilfred J Ethier, Wilfred Ethier et al.•Economica•1971

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    Harry G Johnson•Economica•1969

Citation velocityhistorical
Highly citedNo

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