The Non-Equivalence of Specific and Ad Valorem Tariffs with Quality-Differentiated Goods
نویسندگان
چکیده
منابع مشابه
Failure of Ad Valorem and Specific Tax Equivalence under Uncertainty
Applying a framework of perfect competition under uncertainty, we contribute to the discussion of whether or not ad valorem taxes and specific taxes are equivalent. While this equivalence holds without price uncertainty, we show that ad valorem taxes and specific taxes are “almost never” equivalent in the presence of uncertainty if we demand equivalence to hold pathwise. Since we obtain this re...
متن کاملpositive agricultural and food trade model with ad valorem tariffs
interest rate ad valorem tariffs are considered as the most prominent trade tools extensively used in the framework of spatial equilibrium models (sems) to analyze agricultural and food trade policies around the world. however the results obtained from such models have been criticized because of their inadequacy in producing any observed data within the base period. hence a positive spatial and...
متن کاملA Hedonic Approach to Measuring Product Quality Effects of Ad-Valorem Tariffs: the Specialty Cheese Case†
This paper studies the effects of ad-valorem tariffs on imported cheese quality. Our starting point is a Gorman-Lancaster-style hedonic model of demand for differentiated products. We build on recent identification results for this type of models to nonparametrically estimate product quality using a panel of cheese imports. We use the quality estimates both to recover the equilibrium price func...
متن کاملMassively parallel computation of large-scale spatial price equilibrium models with discriminatory ad valorem tariffs
In this paper, we develop a perfectly competitive spatial equilibrium model in price and quantity variables in the presence of discriminatory ad valorem tariffs, a widely used trade policy instrument. We derive the equilibrium conditions and formulate them as a variational inequality problem. An algorithm is then proposed for the computation of the equilibrium pattern and convergence results es...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Economic Integration
سال: 1994
ISSN: 1225-651X,1976-5525
DOI: 10.11130/jei.1994.9.1.80