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Market access and welfare: Is there a conflict?

Author

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  • Raimondos-Møller, Pascalis
  • Woodland, Alan D.

Abstract

Well known tariff reform rules that are guaranteed to increase welfare will not necessarily increase market access, while rules that are guaranteed to increase market access will not necessarily increase welfare. The present paper proposes a new set of tariff reforms that can achieve both objectives at the same time.

Suggested Citation

  • Raimondos-Møller, Pascalis & Woodland, Alan D., 2015. "Market access and welfare: Is there a conflict?," Economics Letters, Elsevier, vol. 126(C), pages 163-166.
  • Handle: RePEc:eee:ecolet:v:126:y:2015:i:c:p:163-166
    DOI: 10.1016/j.econlet.2014.12.012
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    References listed on IDEAS

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    1. Robert W. Staiger & Kyle Bagwell, 1999. "An Economic Theory of GATT," American Economic Review, American Economic Association, vol. 89(1), pages 215-248, March.
    2. Rod Falvey & Udo Kreickemeier, 2017. "Tariff Reforms with Rigid Wages," World Scientific Book Chapters,in: International Trade and Labor Markets Welfare, Inequality and Unemployment, chapter 4, pages 95-116 World Scientific Publishing Co. Pte. Ltd..
    3. Ju, Jiandong & Krishna, Kala, 2000. "Welfare and market access effects of piecemeal tariff reform," Journal of International Economics, Elsevier, vol. 51(2), pages 305-316, August.
    4. Pascalis Raimondos-Møller & Alan Woodland, 2014. "Steepest ascent tariff reform," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 55(1), pages 69-99, January.
    5. Anderson, James E. & Neary, J. Peter, 2007. "Welfare versus market access: The implications of tariff structure for tariff reform," Journal of International Economics, Elsevier, vol. 71(1), pages 187-205, March.
    6. Kreickemeier, Udo & Raimondos-Møller, Pascalis, 2008. "Tari[ff]-tax reforms and market access," Journal of Development Economics, Elsevier, vol. 87(1), pages 85-91, August.
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    Cited by:

    1. repec:eee:inecon:v:111:y:2018:i:c:p:134-142 is not listed on IDEAS
    2. Anderson, James E. & Neary, J. Peter, 2016. "Sufficient statistics for tariff reform when revenue matters," Journal of International Economics, Elsevier, vol. 98(C), pages 150-159.
    3. repec:hal:journl:halshs-01161880 is not listed on IDEAS
    4. Okay Gunes & Armagan Tuna Aktuna-Gunes, 2015. "Satisfactory time use elasticities of demand and measuring well-being inequality through superposed utilities," Documents de travail du Centre d'Economie de la Sorbonne 15019, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
    5. Okay Gunes & Armagan Tuna Aktuna-Gunes, 2015. "Satisfactory time use elasticities of demand and measuring well-being inequality through superposed utilities," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-01161880, HAL.

    More about this item

    Keywords

    Piecemeal tariff policy; Locally optimal reforms; Market access;

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration

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