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Customs Union, Tariff Reform and Trade in Differentiated Products.

Abstract:

The paper analyses tax and tariff policy for trade between economies which each contain a monopolistically competitive industry producing differentiated products. The consequences of tax changes by a single country are examined, and the general desirability of taxing imports more heavily than domestically produced goods is established. Customs union theory is analysed by studying coordinated tax changes by a group of countries; circumstances under which customs union formation and enlargement...

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Volume:
38
Publication date:
1985-01-01
URN:
uuid:d084810f-101e-414c-8db1-d1897bdfbf89
Local pid:
oai:economics.ouls.ox.ac.uk:11650
Language:
English

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