Revenue-neutral tariff reform and growth in a small open economy
Revenue-neutral tariff reform and growth in a small open economy
复制标题
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
中科院分区:
文献类型:
--
作者:
Takumi Naito
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.