Revenue-neutral tariff reform and growth in a small open economy

Revenue-neutral tariff reform and growth in a small open economy
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收入中性关税改革与小型开放经济体的增长

DOI:
10.1016/s0304-3878(02)00139-6
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发表时间:
2003
影响因子:
5
通讯作者:
Takumi Naito
Takumi Naito
中科院分区:
经济学2区
文献类型:
--
作者:
Takumi Naito

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本文通过构建一个双终端好、双投入、小开放的内生增长模型,分析了收入中性关税改革的增长效应。我们发现,关税改革的增长效应取决于贸易模式和投入之间的替代弹性和最终产品消费之间的替代弹性。当一个经济体专门生产资本品时,对进口最终产品征收关税,替代对外国中间产品征收关税,这种收入中性的替代总是会提高增长率。然而,当经济专门化为消费品时,收入中性关税改革可能会提高或降低增长率。
Formulating a two-final-good, two-input, small open endogenous growth model, we analyze the growth effect of revenue-neutral tariff reform. We find that the growth effect of tariff reform depends on the pattern of trade and the elasticities of substitution between inputs and between consumption of final goods. When the economy specializes in the capital good, the revenue-neutral substitution of a tariff on the imported final good for a tariff on the foreign intermediate good always raises the growth rate. However, when the economy specializes in the consumption good, the revenue-neutral tariff reform may raise or lower the growth rate.