首页> 外文期刊>Journal of Development Economics >Differential tariffs, growth, and welfare in a small open economy
【24h】

Differential tariffs, growth, and welfare in a small open economy

机译:公开经济中的差异关税,成长和福利

获取原文
获取原文并翻译 | 示例
           

摘要

This paper analyzes the effects of consumption and investment tarrifs on growth and welfare. With endogenous laber supply, consumption tariffs are not growth-neutral. Instead, an increase in either tariff reduces both the short-run growth rates of key economic variables such as GDP, consumption, and foreign debt, and their common long-run equilibrium growth rate. Numerical simulations suggest that the investment tariff has a more adverse effect on growth rates and welfare than does a comparable consumption tariff. Accordingly, a revenue-neutral substitution of a consumption tariff for an investment tariff is both growth-enhancing and welfare-improving. The second-best and first-best optimal tariffs are characterized and shown to involve the heavy subsidization of investment.
机译:本文分析了消费和投资Tarrifs对增长和福利的影响。 利用内源性休眠供应,消费关税不是生长中性。 相反,关税的增加会降低关键经济变量的短期增长率,如GDP,消费和外债,以及它们的常见长期均衡增长率。 数值模拟表明,投资关税对增长率和福利产生的不利影响而不是相当的消费关税。 因此,对投资关税消费关税的收入中立替代是增长和福利改善。 第二次最佳最佳最佳关税的特点并显示涉及投资的重额度。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号