Optimum Tariffs in a Distorted Economy: An Application to U.S. Agriculture

Optimal distortions for the agricultural sector are calculated taking as given distortions in the nonagricultural sector. The calculations use a general equilibrium model and assume that the sole criterion is economic efficiency. For most agricultural commodities, existing distortions should be decreased; for the cotton and oil bearing sector, however, the existing tariff should be increased.


Issue Date:
1986
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/51236
Total Pages:
27
Series Statement:
Working Paper
86-5




 Record created 2017-04-01, last modified 2017-08-25

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