Gains from trade under variable returns to scale, commodity taxation, tariffs and factor market distortions

Jonathan Eaton, Arvind Panagariya

Research output: Contribution to journalArticle

30 Citations (Scopus)

Abstract

This paper examines the effect on welfare of improvements in the terms of trade and movement from autarky to free trade in the presence of variable returns to scale, production and consumption taxes, tariffs and factor market distortions. By expressing welfare in terms of a social welfare function and by considering infinitesimal changes in prices, sufficient conditions for the nonharmfulness of trade and improvements in the terms of trade are obtained which substantially weaken those obtained by Kemp and Negishi (1970).

Original languageEnglish (US)
Pages (from-to)481-501
Number of pages21
JournalJournal of International Economics
Volume9
Issue number4
DOIs
StatePublished - Nov 1979

Fingerprint

Factor markets
Terms of trade
Tariffs
Variable returns to scale
Gains from trade
Commodity taxation
Consumption tax
Free trade
Social welfare function

All Science Journal Classification (ASJC) codes

  • Finance
  • Economics and Econometrics

Cite this

@article{8d8205da12c34abcab769c8142ccf82c,
title = "Gains from trade under variable returns to scale, commodity taxation, tariffs and factor market distortions",
abstract = "This paper examines the effect on welfare of improvements in the terms of trade and movement from autarky to free trade in the presence of variable returns to scale, production and consumption taxes, tariffs and factor market distortions. By expressing welfare in terms of a social welfare function and by considering infinitesimal changes in prices, sufficient conditions for the nonharmfulness of trade and improvements in the terms of trade are obtained which substantially weaken those obtained by Kemp and Negishi (1970).",
author = "Jonathan Eaton and Arvind Panagariya",
year = "1979",
month = "11",
doi = "10.1016/0022-1996(79)90018-7",
language = "English (US)",
volume = "9",
pages = "481--501",
journal = "Journal of International Economics",
issn = "0022-1996",
publisher = "Elsevier",
number = "4",

}

Gains from trade under variable returns to scale, commodity taxation, tariffs and factor market distortions. / Eaton, Jonathan; Panagariya, Arvind.

In: Journal of International Economics, Vol. 9, No. 4, 11.1979, p. 481-501.

Research output: Contribution to journalArticle

TY - JOUR

T1 - Gains from trade under variable returns to scale, commodity taxation, tariffs and factor market distortions

AU - Eaton, Jonathan

AU - Panagariya, Arvind

PY - 1979/11

Y1 - 1979/11

N2 - This paper examines the effect on welfare of improvements in the terms of trade and movement from autarky to free trade in the presence of variable returns to scale, production and consumption taxes, tariffs and factor market distortions. By expressing welfare in terms of a social welfare function and by considering infinitesimal changes in prices, sufficient conditions for the nonharmfulness of trade and improvements in the terms of trade are obtained which substantially weaken those obtained by Kemp and Negishi (1970).

AB - This paper examines the effect on welfare of improvements in the terms of trade and movement from autarky to free trade in the presence of variable returns to scale, production and consumption taxes, tariffs and factor market distortions. By expressing welfare in terms of a social welfare function and by considering infinitesimal changes in prices, sufficient conditions for the nonharmfulness of trade and improvements in the terms of trade are obtained which substantially weaken those obtained by Kemp and Negishi (1970).

UR - http://www.scopus.com/inward/record.url?scp=0000542473&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=0000542473&partnerID=8YFLogxK

U2 - 10.1016/0022-1996(79)90018-7

DO - 10.1016/0022-1996(79)90018-7

M3 - Article

AN - SCOPUS:0000542473

VL - 9

SP - 481

EP - 501

JO - Journal of International Economics

JF - Journal of International Economics

SN - 0022-1996

IS - 4

ER -