Download or read book Optimal Tariffs Optimal Taxes and Economic Development written by Michael B. Loewy and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cross-section and time-series data show that nations substitute income taxes for tariffs as they develop. This paper confronts this observation within the context of a two-country open-economy endogenous growth model in which public expenditure is financed by an optimal tariff and income tax the second of which is subject to an administrative cost. The model is calibrated and its transition is shown to yield time paths for the shares of total government revenue derived from the tariff and the income tax that are consistent with the data.
Download or read book Optimal Tariffs Optimal Taxes and Public Goods written by Robin W. Boadway and published by . This book was released on 1974 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Tariffs Optimal Taxes and Collection Costs written by Dubravko Mihaljek and published by International Monetary Fund. This book was released on 1992-04 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies an optimal tax problem for a small open economy where collecting taxes is costly. It is shown that, in the presence of collection costs modeled as an increasing function of the tax rate: (a) the standard rules of optimal commodity taxation (the Ramsey, the inverse elasticity, the Corlett-Hague rules) may no longer be valid; (b) tariffs may replace domestic taxes as a second-best revenue-raising device; and (c) the optimal tariff/tax structure may be uniform rather than differentiated.
Download or read book How Should Tariffs be Structured written by Arvind Panagariya and published by World Bank Publications. This book was released on 1990 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Should all imports be taxed at uniform rates? Should intermediate inputs be subject to import duties? If so, should duty drawbacks play a role in exports?
Download or read book Optimal Tariffs written by Mr.Arvind Subramanian and published by International Monetary Fund. This book was released on 1993-06 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the theory underpinning the design of optimal tariffs in a developing economy, and the experience of implementation of tariff reforms. A central issue is whether and when a case can be made for a uniform tariff structure. While theory advocates a differentiated tariff structure (except under a balance of payments objective), political economy considerations, inadequate information, and administrative convenience point to a minimally differentiated tariff structure. The experience of reform indicates that tariff structures are mainly influenced by income distribution and protection objectives. The ability to successfully reduce tariffs depends on measures taken to alleviate fiscal and balance of payments constraints.
Download or read book Distributional and Revenue Raising Arguments for Tariffs written by Christopher John Heady and published by . This book was released on 1985 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Optimal Tariffs Optimal Taxes and Public Goods written by Robin W. Boadway and published by Kingston, Ont. : Institute for Economic Research, Queen's University. This book was released on 1969 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Optimal Tariffs and Financial Assets written by Hal R. Varian and published by . This book was released on 1987 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Optimal taxation in an open economy with tariffs and inflation written by George Thomas McCandless jr. and published by . This book was released on 1981 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book On Tariffs and Optimal Taxation Policy in Developing Countries written by Gunnar Floystad and published by . This book was released on 1985 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fiscal Dimensions of Trade Policy written by Ziba Farhadian and published by . This book was released on 1988 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Trade Policy and Economic Welfare written by Warner Max Corden and published by Oxford : Clarendon Press. This book was released on 1974 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second edition of this classic text on international economics has been substantially revised and updated to take account of the considerable activity in this field over the last two decades. Three new chapters discuss trade policy and the environment, strategic trade policy, and tradepolicy and the exchange rate. Corden also analyzes in detail the many arguments for protection.
Download or read book Optimal Tariffs written by Arvind Subramanian and published by . This book was released on 2006 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the theory underpinning the design of optimal tariffs in a developing economy, and the experience of implementation of tariff reforms. A central issue is whether and when a case can be made for a uniform tariff structure. While theory advocates a differentiated tariff structure (except under a balance of payments objective), political economy considerations, inadequate information, and administrative convenience point to a minimally differentiated tariff structure. The experience of reform indicates that tariff structures are mainly influenced by income distribution and protection objectives. The ability to successfully reduce tariffs depends on measures taken to alleviate fiscal and balance of payments constraints.
Download or read book Taxes Tariffs and the Global Corporation written by James Levinsohn and published by . This book was released on 1990 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper we develop some simple models of optimal tax and tariff policy in the presence of global corporations that operate in an imperfectly competitive environment. The models emphasize two important differences in the practical application of tax and tariff policy - tax, but not tariff, policy can apply to offshore output and tariff, but not tax, policy can be industry-specific. Recognizing the multinationals' production decisions are endogenous to the tax and tariff policies they face, we investigate optimal tax or subsidy policies for domestically owned firms and optimal trade policy.
Download or read book Tax Tariff Reform with Costs of Tax Administration written by Knud J. Munk and published by . This book was released on 2008 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: As is broadly recognized, the straightforward application of the Diamond-Mirrlees (1971) production efficiency theorem implies that when lump-sum taxation is not available, then it is optimal for the government in a small open economy to rely on taxes on the net demand of households rather than on border taxes to finance its resource requirements. However, the theorem does not hold when taxation is associated with administrative costs. The present paper explores the implications for optimal taxation and for desirable directions of tax-tariff reform in countries at different levels of economic development taking into account the costs of tax administration. The paper lends support to and clarifies the reasons for the criticism by Emran and Stiglitz (2003, 2005) of the IMF and the World Bank's recommendation to developing countries to adopt VAT to replace border taxes.
Download or read book Optimal Tariffs and Optimal Economic Integration written by John Wilbert Suomela and published by . This book was released on 1974 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Optimal Tariffs written by Christian Miguel Broda and published by . This book was released on 2006 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: The theoretical debate over whether countries can and should set tariffs in response to export elasticities goes back over a century to the writings of Edgeworth (1894) and Bickerdike (1907). Despite the optimal tariff argument's centrality in debates over trade policy, there exists no evidence about whether countries actually apply it when setting tariffs. We estimate disaggregate export elasticities and find evidence that countries that are not members of the World Trade Organization systematically set higher tariffs on goods that are supplied inelastically. The result is robust to the inclusion of political economy variables and a variety of model specifications. Moreover, we find that countries with higher aggregate market power have on average higher tariffs. In short, we find strong evidence in favor of the optimal tariff argument.
