...Massomeh Hajilee; Yingxu Kuang; Chien-Ping Chen Purpose This study examines the impact of tariff rate volatility on stock market development in 19 developed and emerging economies from 1993 to 2022. It aims to provide new empirical evidence on how trade policy uncertainty influences financial...

... services (good S). These goods are produced from intersectorally mobile labour and sector‐specific capital according to production functions that are twice differentiable, linearly homogeneous, and strictly quasi‐concave. The government levies an ad valorem tariff at rate t. Firms may...

...Hugh M. Arce; Kenneth A. Reinert A recurrent concern of researchers who measure the cost of protection is that welfare estimates based on models with highly aggregated sectors of the economy in question will understate the true cost of protection if the tariff system is not uniform. Uses the 1988...

... at tariff‐inclusive domestic prices: Equation 2 If we define the effective tariff in the usual way as: Equation 3 then we obtain as the modified Corden effective tariff for the activity A: Equation 4 where ζ^W is the value of the by‐product per $1.00...

...Pan‐Long Tsai; Jyh An Chen Uses a conjectural variation approach to derive a general result concerning the equivalence of tariffs and quotas. Shows that, as long as the quota is binding, the equivalence of tariffs and quotas depends exclusively on the domestic firm′s conjectural variations...

...Noel D. Uri; Roy Boyd Examines the impact of the sugar tariff‐rate import quota programme on the United States economy. Uses a computable general equilibrium model composed of 14 producing sectors, 14 consuming sectors, six household categories classified by fincome, and a government. Examines...

...Chris Milner Demonstrates the implications of imperfect substitutability between domestic and imported final goods for the determination of second‐best nominal and effective tariffs in a general equilibrium setting. The analysis of second‐best interventions for given policy distortions extends...

... good rather than an importable one. © MCB UP Limited 1989 Loss Tariffs Value added Economics Foreign exchange International trade Value analysis General Equilibrium Analysis of Negative Value-added by Gopal Tribedy Utah State University and Asutosh College, Calcutta Hamid Beladi...