IDEAS home Printed from https://ideas.repec.org/a/ags/uersja/148693.html
   My bibliography  Save this article

Interrelated Products And The Effects Of An Import Tariff

Author

Listed:
  • Paarlberg, Philip L.
  • Thompson, Robert L.

Abstract

This article demonstrates that when a second product is introduced into the traditional single-product, partial equilibrium model, the predictions of the impact of a tariff on prices are no longer determinate In contrast to the traditional single-product partial equilibrium framework in a two-or-more product, partial equilibrium model, an import tariff may raise, lower, or leave unchanged the price in either country examined The empirical result depends on the relationship between own and cross-price elasticities The empirical example developed illustrates these relationships and shows how critical the values of own and cross-price elasticities are to empirical policy analysis

Suggested Citation

  • Paarlberg, Philip L. & Thompson, Robert L., 1980. "Interrelated Products And The Effects Of An Import Tariff," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, vol. 32(4), pages 1-12, October.
    • Handle: RePEc:ags:uersja:148693
    DOI: 10.22004/ag.econ.148693
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/148693/files/4Paarlberg_32_4.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.148693?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Raimondos, Pascalis & Woodland, Alan, 2018. "Reciprocity in trade negotiations and welfare," Journal of International Economics, Elsevier, vol. 111(C), pages 134-142.
    2. von Witzke, Harald & Houck, James P., 1987. "Economic Effects Of Possible European Community Market Intervention In Soybeans And Their Products," Staff Papers 14147, University of Minnesota, Department of Applied Economics.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:uersja:148693. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/ersgvus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.