On Tariff Preferences and Delegation Decisions in Customs Unions: A Heckscher-Ohlin Approach.
This paper studies preferences of customs union (CU) members over common external tariff (CET) levels and extends the literature on delegation decisions over trade policy in models with production. In a model with similar CU members, we prove that most-preferred CETs can be ranked with the help of...
| Publicado en: | Economic Journal Vol. 112; pp. 625 - 649 |
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| Formato: | Artículo |
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Wiley-Blackwell
July 2002
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=513144451&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 513144451 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00130133 EJN jtl: Economic Journal issn: 00130133 maglogo: N pubinfo: dt: July 2002 vid: 112 pid: 480 pub: Wiley-Blackwell artinfo: ui: 513144451 10.1111/1468-0297.00733 ppf: 625 ppct: 24 formats: tig: atl: On Tariff Preferences and Delegation Decisions in Customs Unions: A Heckscher-Ohlin Approach. aug: au: Syropoulos, Constantinos su: Heckscher-Ohlin principle Tariff preferences Customs unions Mathematical models sug: subj: Heckscher-Ohlin principle Tariff preferences Customs unions Mathematical models ab: This paper studies preferences of customs union (CU) members over common external tariff (CET) levels and extends the literature on delegation decisions over trade policy in models with production. In a model with similar CU members, we prove that most-preferred CETs can be ranked with the help of compensated price elasticities of import demand functions. In the Heckscher–Ohlin trade model, we show these elasticities depend on inter-country differences in relative factor endowments and inter-sectoral differences in technology. This helps identify the optimal policy maker in a CU and demonstrates delegation decisions over trade policy can be integrated into mainstream trade theory. Reproduced by permission of the publisher. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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