Tariff Reform in the Presence of Sector-Specific Distortions

John Beghin () and Larry Karp

Canadian Journal of Economics, 1992, vol. 25, issue 2, 294-309

Abstract: The problem of choosing second-best trade policies is modified by including sector-specific policies as well as tariffs. Formulae for the optimal tariff and sector-specific subsidy are derived and used to study the design of optimal policy menus. The theory is applied to a computable general equilibrium model of the U.S. economy that emphasizes agriculture. The model suggests that nonagriculture distortions do not provide a second-best argument for substantial levels of agricultural protection.

Date: 1992
References: Add references at CitEc
Citations:

Downloads: (external link)
http://links.jstor.org/sici?sici=0008-4085%2819920 ... RITPO%3E2.0.CO%3B2-T (text/html)
only available to JSTOR subscribers

Related works:
Working Paper: Tariff Reform in the Presence of Sector-Specific Distortions (1992)
Working Paper: Tariff reform in the presence of sector-specific distortions (1990)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cje:issued:v:25:y:1992:i:2:p:294-309

Ordering information: This journal article can be ordered from
https://www.economic ... ionen/membership.php

Access Statistics for this article

Canadian Journal of Economics is currently edited by Zhiqi Chen

More articles in Canadian Journal of Economics from Canadian Economics Association Canadian Economics Association Prof. Werrner Antweiler, Treasurer UBC Sauder School of Business 2053 Main Mall Vancouver, BC, V6T 1Z2. Contact information at EDIRC.
Bibliographic data for series maintained by Prof. Werner Antweiler ().