Choosing formulas for market access negotiation : efficiency and market access considerations
AbstractAn important issue in multilateral trade negotiations is the approach taken to reduce tariffs. The authors believe that there are important advantages in formula approaches and survey a range of options between the sharply top-down Swiss formula and proportional cuts in tariffs. Over the range the authors consider, they find that the economic efficiency impacts for the importer are not greatly influenced by the extent to which higher tariffs face bigger cuts. However, top-down approaches appear to be more effective in reducing tariff escalation, and provide greater market access gains to poor countries.
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Bibliographic InfoPaper provided by The World Bank in its series Policy Research Working Paper Series with number 3474.
Date of creation: 01 Jan 2005
Date of revision:
Environmental Economics&Policies; Transport and Trade Logistics; Common Carriers Industry; Export Competitiveness; Trade Policy; TF054105-DONOR FUNDED OPERATION ADMINISTRATION FEE INCOME AND EXPENSE ACCOUNT; Export Competitiveness; Environmental Economics&Policies; World Trade Organization; Trade Policy;
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