Tariff equilibrium with customs union

dc.citation.epage1228en_US
dc.citation.issueNumber4 (Part II)en_US
dc.citation.spage1217en_US
dc.citation.volumeNumber33en_US
dc.contributor.authorTogan, S.en_US
dc.date.accessioned2019-02-12T15:38:44Z
dc.date.available2019-02-12T15:38:44Z
dc.date.issued1994en_US
dc.departmentDepartment of Economicsen_US
dc.description.abstractIt 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.en_US
dc.identifier.doi10.30541/v33i4IIpp.1217-1228en_US
dc.identifier.issn0030-9729
dc.identifier.urihttp://hdl.handle.net/11693/49339
dc.language.isoEnglishen_US
dc.publisherPakistan Institute of Development Economicsen_US
dc.relation.isversionofhttps://doi.org/10.30541/v33i4IIpp.1217-1228en_US
dc.source.titleThe Pakistan Development Reviewen_US
dc.titleTariff equilibrium with customs unionen_US
dc.typeArticleen_US
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