The Optimal Degree of Reciprocity in Tariff Reduction
This article clari.es the roles played by trade policy, in contrast with iceberg transport cost, in the popular setting of Melitz (2003), and characterizes the optimal reciprocal trade policy in such a setting. I show that import tariffs and iceberg transport cost are not equivalent in the strength...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2010
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| Online Access: | https://ink.library.smu.edu.sg/soe_research/1162 https://ink.library.smu.edu.sg/context/soe_research/article/2161/viewcontent/hetero_iit_policy.pdf |
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| Institution: | Singapore Management University |
| Language: | English |