Arbeitspapier
Price transmission, domestic relative incentives and inter-sector resource flow analysis
This paper models the implications of partial pass-through of tariff/subsidy-inclusive border prices for the domestic relative incentive structure and inter-sector resource flow. The paper shows that partial pass-through reduces nominal protection, affects substitutability in the economy and ultimately the pattern of relative sectoral incentives. In general, the smaller the pass-through the smaller the lowering of pro-importables and anti-exportables incentive biases after tariff reforms. Consequently, commercial policy is unlikely to achieve full extent of inter-sector resource flows, at least in the short-term. Sluggish export supply response to tariff reforms in developing countries could be due to major pass-through problems.
- Sprache
-
Englisch
- Erschienen in
-
Series: CREDIT Research Paper ; No. 03/21
- Klassifikation
-
Wirtschaft
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Zgovu, Evious K.
- Ereignis
-
Veröffentlichung
- (wer)
-
The University of Nottingham, Centre for Research in Economic Development and International Trade (CREDIT)
- (wo)
-
Nottingham
- (wann)
-
2003
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Zgovu, Evious K.
- The University of Nottingham, Centre for Research in Economic Development and International Trade (CREDIT)
Entstanden
- 2003
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