Tariff Determination In The General Equilibrium Of A Political Economy
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Tariff Determination In The General Equilibrium Of A Political Economy
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Author : Hom Moorti Pant
language : en
Publisher: Routledge
Release Date : 2019-05-23
Tariff Determination In The General Equilibrium Of A Political Economy written by Hom Moorti Pant and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-05-23 with Business & Economics categories.
First published in 1997, this volume builds an economic model in which a model of the policy-formation process was grafted onto an economic model of the traditional kind. Politics are not made in a vacuum; they have their basis in the politico-economic system which economists have been modelling and analysing for a very long time. For economists, government policies are particularly important as they determine the environment within which all agents make their choices and the way in which the market allocates resources. Through an examination of tariffs and an equilibrium model of the economic sphere of a small open political economy, Hom Moorti Pant aims to explore some of the reasons and effects of government policy decisions on the economy.
Endogenous Behaviour Of Tariff Rates In The General Equilibrium Of A Political Economy
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Author : Hom Moorti Pant
language : en
Publisher:
Release Date : 1993
Endogenous Behaviour Of Tariff Rates In The General Equilibrium Of A Political Economy written by Hom Moorti Pant and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Equilibrium (Economics) categories.
A model of the endogenous determination of tariff rates in the general equilibrium of a political economy, which is also applied to explain why developing economies tax agriculture and developed economies subsidise it. The author is a Visiting Fellow at the ANU Research School of Pacific and Asian Studies.
Black Hole Tariffs And Endogenous Policy Theory
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Author : Stephen P. Magee
language : en
Publisher: Cambridge University Press
Release Date : 1989-08-25
Black Hole Tariffs And Endogenous Policy Theory written by Stephen P. Magee and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989-08-25 with Business & Economics categories.
An example of special interest protection is provided by this study's general equilibrium theory that explains income distribution with goods markets, factor markets, lobbies, political parties and voters all pursuing their self interests.
Modeling Developing Countries Policies In General Equilibrium
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Author : De Melo Jaime
language : en
Publisher: World Scientific
Release Date : 2015-02-26
Modeling Developing Countries Policies In General Equilibrium written by De Melo Jaime and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-02-26 with Business & Economics categories.
Policies affecting resource allocation across tradable sectors and those affecting the incentives to produce tradable activities are key determinants of macroeconomic balance and growth. Computable general equilibrium models have made significant contributions to both types of policies. With advancements in computing power and software, these models have become easy to implement and are now widespread. The question then is when and how to formulate them to avoid the ‘black box’ syndrome.This book seeks to address these issues through carefully selected essays that analyse how to model general equilibrium linkages in a single economy, across developing and developed economies, and across both micro and macro policies. Micro policies examined include tariffs quotas and VERs, the choice of taxes to maximize government revenue, migration and remittances, and the political economy of tariff setting. Applications on macro policies cover capital inflows, real exchange rate determination, and the modeling of the effects of adjustment policies on income distribution.The book provides insights on the development of a family of models for diverse policy choices, focusing on the ways to model the following: links between tradable and non-tradable activities, labor markets, and portfolio choices given limited capital mobility. Selected essays are all inspired by specific policy problems, including the adaptation to external shocks (i.e. oil), consequences of capital inflows, determinants of migration and associated remittances, the productivity of foreign aid, and rent-seeking activities under trade regimes with non-price trade restrictions. Examples in this book lay out the theoretical foundations, alongside a variety of applications, to help formulate coherent and transparent models for policy analysis. Archetype economies are extensively used to show how differences in economic structure influence the effects of policies. Graduate students and policy analysts interested in modeling will find this a useful compendium of studies.
General Equilibrium Of International Discrimination
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Author : Jaroslav Vanek
language : en
Publisher: Harvard University Press
Release Date : 1965
General Equilibrium Of International Discrimination written by Jaroslav Vanek and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1965 with Business & Economics categories.
Perhaps the most important economic development of recent years has been the integration process engaged in by European countries. Today other groups of countries throughout the world either contemplate or have already undertaken similar courses of action. Although professional economists have already devoted much attention to the subject, considerable work remains to be done. The present study represents an attempt to advance our scientific knowledge in this direction. This work is entirely theoretical and fully deductive. Its contribution lies both in the method used and in the conclusions reached. In contrast to most previous studies of customs unions and economic integration, exclusive use is made of general-equilibrium analysis. Because interpretation of mathematical results bearing on comparative statistics of suboptimal situations was found impossible, the author has depended wholly upon geometry. While the geometrical method does not allow inclusion of large numbers of variables, it often leads to, or at least intuitively suggests, important generalizations. The findings, summarized in 107 points at the end of the study, can be classified in two distinct categories. On the one hand, a number of results are derived concerning the trade effects of international discrimination and customs unions--that is, the effects on the volumes of exports and imports and on relative international values. On the other hand, the more important portions of this work study the effects of customs unions on the welfare of the union, the welfare of the rest of the world, and the global efficiency of resource allocation in the world as a whole. Inter-country welfare comparisons and the use of cardinal utility indexes are entirely avoided. Rather, the author uses the concept of ordinal utility, and makes extensive use of utility-possibility analysis. With respect to the latter, the study of customs unions actually suggests a new method applicable to a wide range of other suboptimal situations in general equilibrium.
The Political Economy Of U S Tariffs
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Author : Réal P. Lavergne
language : en
Publisher: Elsevier
Release Date : 2014-05-12
The Political Economy Of U S Tariffs written by Réal P. Lavergne and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-05-12 with Political Science categories.
The Political Economy of U.S. Tariffs: An Empirical Analysis provides information pertinent to the political economy of trade barriers. This book discusses the cross-sectional regression analysis across industries to understand why some industries have been more privileged than others. Organized into seven chapters, this book begins with an overview of the structure of protection and identifies the primary actors or principles that condition the formation of trade policy more generally. This text then evaluates the institutional and theoretical reasons why political leverage should not be expected to play a significant role in explaining tariffs. Other chapters consider the notion that the structure of protection at any point in time represents some sort of equilibrium. This book discusses as well the distinction between nominal and effective tariffs. The final chapter deals with individual regressors and groups of regressors. This book is a valuable resource for economists and specialists in quantitative analysis.
General Equilibrium Analysis
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Author : Harry G. Johnson
language : en
Publisher: Routledge
Release Date : 2017-07-12
General Equilibrium Analysis written by Harry G. Johnson and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-12 with Business & Economics categories.
This is a new kind of textbook in microeconomic theory. In place of the usual concentration on partial equilibrium analysis and discussion of a standard series of topics, the authors seek to introduce the student from the start to the general equilibrium approach to microeconomics, in the form of the two-sector model. This model is then applied to a variety of subjects in different special fields of economic analysis: welfare economics, international trade, public finance and income distribution. This book represents a very different approach to the teaching of micro-economic theory than normally followed, and one that will be of greater long-run value to the serious student of economics. In place of the usual textbook development of the subject as traditionally conceived through topics of increasing complexity and analytical difficulty, using partial equilibrium techniques of analysis, the book concentrates on the exposition and application of a more logically integrated set of tools that have been found of greater use in the analysis of problems arising not only in traditional micro-economics but also in a number of fields of economics that have customarily been hived off into separate specialized advanced courses. General Equilibrium Analysis starts with the description of the two-sector model and how these two sectors are built based on the individual micro-units in which they made up of and how they fit into the concept of the circular flow of income. Subsequent chapters deal with the evaluation of changes in factor endowment, demand preferences and technical progress by means of the model; and the theory of government, which includes both the theory of government expenditure, or public goods, and the theory of government tax and/or subsidy programmes-changes in budgetary scale, tax substitution and expenditure substitution. The model is then extended to an open economy-the so-called "two by two by two"--to consider both the normative effect of inte
Political Economy Arguments For A Uniform Tariff
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Author : Arvind Panagariya
language : en
Publisher:
Release Date : 1991
Political Economy Arguments For A Uniform Tariff written by Arvind Panagariya and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Protectionism categories.
Uniform tariffs have become increasingly popular in recent years, yet their economic rationale is not strong. We identify and evaluate three sets of reasons as to why governments may prefer tariff uniformity as a means of alleviating political motives for excessive protection. First, a free-rider effect may be conducive to less lobbying under a uniform tariff regime than under a regime in which tariffs are allowed to differ. Second, an input-price effect may dampen the enthusiasm of final-goods producers for import protection. Third, a precommitment effect may increase the cost to a future government of protecting favored sectors. None of these arguments provides an unambiguous, airtight case for tariff uniformity. The decision on uniformity has to be made on a case-by-case basis.
Tariff Determination In The General Equilibrium Of A Political Economy
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Author : Hom Moorti Pant
language : en
Publisher: Routledge
Release Date : 2019-05-23
Tariff Determination In The General Equilibrium Of A Political Economy written by Hom Moorti Pant and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-05-23 with Business & Economics categories.
First published in 1997, this volume builds an economic model in which a model of the policy-formation process was grafted onto an economic model of the traditional kind. Politics are not made in a vacuum; they have their basis in the politico-economic system which economists have been modelling and analysing for a very long time. For economists, government policies are particularly important as they determine the environment within which all agents make their choices and the way in which the market allocates resources. Through an examination of tariffs and an equilibrium model of the economic sphere of a small open political economy, Hom Moorti Pant aims to explore some of the reasons and effects of government policy decisions on the economy.
A General Equilibrium Model Of Tariffs In A Non Competitive Economy
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Author : Charles P. Staelin
language : en
Publisher:
Release Date : 1973
A General Equilibrium Model Of Tariffs In A Non Competitive Economy written by Charles P. Staelin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1973 with Tariff categories.