The optimal degree of reciprocity in tariff reduction
This paper characterizes the optimal reciprocal trade policy in the environment of Melitz (2003) with firm productivity heterogeneity. In particular, without making parametric assumptions on firm productivity distribution, this paper derives the optimal degree of reciprocal tariff reductions that ma...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2020
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| Online Access: | https://ink.library.smu.edu.sg/soe_research/2449 https://ink.library.smu.edu.sg/context/soe_research/article/3448/viewcontent/JE0001_2020_v24n3_237_pvoa.pdf |
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| Institution: | Singapore Management University |
| Language: | English |