Tariff-Tax Reforms in Large Economies /

This paper studies tariff-tax reforms in a calibrated two-region global New Keynesian model composed of a developing and an advanced region. In our baseline calibration, a revenue-neutral reform that lowers tariffs in developing countries can reduce domestic welfare. The reason is that the increase...

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Hlavní autor: Tervala, Juha
Další autoři: Ganelli, Giovanni
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2012.
Edice:IMF Working Papers; Working Paper ; No. 2012/139
On-line přístup:Full text available on IMF