Tariff equilibrium with customs union

Date
1994
Authors
Togan, S.
Advisor
Supervisor
Co-Advisor
Co-Supervisor
Instructor
Source Title
The Pakistan Development Review
Print ISSN
0030-9729
Electronic ISSN
Publisher
Pakistan Institute of Development Economics
Volume
33
Issue
4 (Part II)
Pages
1217 - 1228
Language
English
Type
Article
Journal Title
Journal ISSN
Volume Title
Series
Abstract

It is well known from Kemp and Wan (1976) that under customs union an increase in group welfare can occur without affecting that of the rest of the world whenever the common external tariff is positioned in a way so as to offset exactly the terms of trade and export quantity effects felt by it. The purpose of this paper is to study the effects of the customs union starting from arbitrary given initial tariff rates and determine cases when the union as well as the non-union countries may gain from the formation of the customs union.

Course
Other identifiers
Book Title
Keywords
Citation
Published Version (Please cite this version)