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Nontariff barriers and trade liberalization
- Source :
- Economic Inquiry. January 2003, Vol. 41 Issue 1, p80, 18 p.
- Publication Year :
- 2003
-
Abstract
- This article shows that governments have no incentive to introduce nontariff barriers (NTBs) when they are free to set tariffs but they do when tariffs are determined cooperatively. Quotas are preferred to antidumping restrictions so that the model is consistent with a progression from using tariffs only to quotas and then to antidumping constraints (when quotas are eliminated). There is a corresponding narrowing of the range of industries affected by trade restrictions. Simulating the model, the degree of tariff liberalization and of replacement of tariffs by NTBs are shown to depend on industry characteristics in line with stylized facts. (JEL F12, F13, L13)<br />I. INTRODUCTION It is common to recognize that tariffs have gradually been replaced by nontariff barriers (NTBs). Some authors go even further and argue there is a 'Law of Constant [...]
- Subjects :
- Commercial policy -- Research -- Models
Transportation -- Research -- Models
Tariffs -- Research -- Models
International trade -- Research -- Models
Transportation industry -- Prices and rates -- Research -- Models
Antidumping duties -- Research -- Models
Import quotas -- Research -- Models
Protectionism -- Research -- Models
Business, general
Economics
Company pricing policy
International trade
Models
Research
Prices and rates
Subjects
Details
- Language :
- English
- ISSN :
- 00952583
- Volume :
- 41
- Issue :
- 1
- Database :
- Gale General OneFile
- Journal :
- Economic Inquiry
- Publication Type :
- Academic Journal
- Accession number :
- edsgcl.96379901