2009•Review of Development EconomicsRequires access

The Welfare Effects of Differential Tariff Rates

Yoshitomo Ogawa

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Abstract

Abstract This paper considers a two‐country, three‐good economy in which one country imposes tariffs on import goods at a uniform rate, while the other country engages in free trade. In such an economy, we examine the welfare effects of changing tariff rates toward differential tariffs from uniform tariffs.

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Abstract This paper considers a two‐country, three‐good economy in which one country imposes tariffs on import goods at a uniform rate, while the other country engages in free trade. In such an economy, we examine the welfare effects of changing tariff rates toward differential tariffs from uniform tariffs.

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Available abstract

Abstract This paper considers a two‐country, three‐good economy in which one country imposes tariffs on import goods at a uniform rate, while the other country engages in free trade. In such an economy, we examine the welfare effects of changing tariff rates toward differential tariffs from uniform tariffs.

Key concepts: Tariff, Economics, Welfare, Differential (mechanical device), International economics, Market economy, Engineering, Aerospace engineering

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