IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this article or follow this journal

Tariff concessions in the Kennedy Round and the structure of protection in West Germany : An econometric assessment

  • Riedel, James

It is well documented that the structure of tariffs in industrialized countries affords the greatest protection to relatively (unskilled) labor-intensive branches of industry (Constantopoulos3 1974 and references therein). Since we know from the Stolper-Samuelson theorem that this implies an improvement in the relative reward for services of labor, in particular unskilled labo, the political motive for such a tariff policy is obvious. In recent years industrialized countries have loudly proclaimed their dedication to the principles of free-trade and their intent to counterbalance the disadvantageous trade position of the less developed countries. While progress on the latter objective has been modest (Murry, 1973), great gains have been achieved in lowering tariff barriers. The most significant advances in this regard were effected in the GATT Kennedy Round (1963-67), which produced an average 35 percent reduction in tariff levels of non-agricultural products by far and away exceeding any reductions negotiated in previous GATT rounds. An interesting question in light of industrialized countries practised, as well as proclaimed dedication to trade liberalization is whether their tariff policy continues to be designed with labor's short-run interests in mind.

(This abstract was borrowed from another version of this item.)

If 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.

File URL: http://www.sciencedirect.com/science/article/B6V6D-45JK5RY-52/2/1a72cd76f1bf4f5357f740c25b72800c
Download Restriction: Full text for ScienceDirect subscribers only

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.

Article provided by Elsevier in its journal Journal of International Economics.

Volume (Year): 7 (1977)
Issue (Month): 2 (May)
Pages: 133-143

as
in new window

Handle: RePEc:eee:inecon:v:7:y:1977:i:2:p:133-143
Contact details of provider: Web page: http://www.elsevier.com/locate/inca/505552

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:eee:inecon:v:7:y:1977:i:2:p:133-143. See general 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: (Zhang, Lei)

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.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.

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

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.