The endogeneity of tariffs in Italy, 1890-1969
AbstractThe theory of tariff endogeneity suggests that tariffs are influenced by macroeconomic disturbances. The paper tests a simple endogenous tariff model for Italy applying cointegration techniques to time-series data for the period 1890-1969. It is found that the average tariff level is cointegrated with industrial production, consumer prices, the terms of trade and the foreign trade balance (as a percentage of GNP) and that tariff setting has responded to disturbances in these variables. In particular, tariffs appear to have been raised in response to low output growth, increases in the terms of trade and a deteriorating foreign trade balance, and reduced in response to higher inflation.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics Letters.
Volume (Year): 7 (2000)
Issue (Month): 8 ()
Contact details of provider:
Web page: http://www.tandfonline.com/RAEL20
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).
If references are entirely missing, you can add them using this form.