EconPapers    
Economics at your fingertips  
 

Real Versus Tariff Liberalization: A Welfare Comparison Under Monopolistic Competition

Philipp J.H. Schroeder ()
Authors registered in the RePEc Author Service: Philipp J.H. Schröder

Open Economies Review, 2004, vol. 15, issue 4, 403-418

Abstract: A distinction between real trade costs (e.g., administration, border formalities, transport costs) and tariff costs is introduced into a standard monopolistic competition trade model. Driven by the number of firms, welfare under real trade barriers turns out to be lower than under an equivalent tariff barrier. Based on this finding, the paper shows that integration or rather liberalization measures (generating a certain increase in world trade) that reduce real trade barriers generate a larger welfare gain than integration consisting of a reduction in tariffs.

Date: 2004
References: Add references at CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed

Downloads: (external link)
http://journals.kluweronline.com/issn/0923-7992/contents (text/html)
Access to full text is restricted to subscribers.

Related works:
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:kap:openec:v:15:y:2004:i:4:p:403-418

Ordering information: This journal article can be ordered from
http://www.springer. ... cs/journal/11079/PS2

Access Statistics for this article

Open Economies Review is currently edited by G.S. Tavlas

More articles in Open Economies Review from Springer
Bibliographic data for series maintained by Sonal Shukla ().

 
Page updated 2019-05-15
Handle: RePEc:kap:openec:v:15:y:2004:i:4:p:403-418