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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Autor principal: Tervala, Juha
Altres autors: Ganelli, Giovanni
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2012.
Col·lecció:IMF Working Papers; Working Paper ; No. 2012/139
Accés en línia:Full text available on IMF