Tariff, Growth, and Welfare
學年 99
學期 2
出版(發表)日期 2011-04-12
作品名稱 Tariff, Growth, and Welfare
作品名稱(其他語言)
著者 Lee, Shun-fa
單位 淡江大學產業經濟學系
出版者 Blackwell Publishing
著錄名稱、卷期、頁數 Review of International Economics 19(2), p.260–276
摘要 We develop a two-country (Home and Foreign) by two-good (consumption good and investment good) by one factor (capital) endogenous growth model with international knowledge spillover to study the relationship between an import tariff and economic growth and welfare. First, unlike the past literature, we do not need to make an assumption such that the growth rates between countries are identical in a balanced growth path (BGP). Second, we show that there exists a unique and saddle-point BGP with both countries being incompletely specialized. Third, a higher import tariff on the consumption good in the domestic country may boost (reduce) the rate of economic growth when the foreign (domestic) country has an absolute advantage in the investment good. Finally, a rise in the tariff rate by one country may improve world welfare under some parameter spaces.
關鍵字 Two-country endogenous growth model;International knowledge spillover;Import tariff;Economic growth;Welfare
語言 en_US
ISSN 1467-9396
期刊性質 國外
收錄於
產學合作
通訊作者 Lee, Shun-fa
審稿制度
國別 GBR
公開徵稿
出版型式 ,電子版
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