Trade and Tax Reforms in a Cash-in-Advance Economy

dc.contributor.authorPalivos, T.en
dc.contributor.authorTsakiris, N.en
dc.date.accessioned2015-11-24T17:04:55Z
dc.date.available2015-11-24T17:04:55Z
dc.identifier.issn0038-4038-
dc.identifier.urihttps://olympias.lib.uoi.gr/jspui/handle/123456789/11240
dc.rightsDefault Licence-
dc.subjectmonetary economyen
dc.subjectmarket accessen
dc.subjecttariff structureen
dc.subjectwelfareen
dc.subjectpolicyen
dc.subjectquotasen
dc.subjectmoneyen
dc.titleTrade and Tax Reforms in a Cash-in-Advance Economyen
heal.abstractWe examine the effects of both tariff-only and coordinated trade-tax reforms on market access, government revenue, and welfare for a small monetary economy, under the assumption that a certain fraction of purchases of each good must be financed with cash held in advance. We show that if the cash requirement ratio in the exportable sector is greater than that in the importable, then, contrary to previous results, (i) a uniform radial reduction of tariffs has ambiguous effects on both welfare and market access, (ii) tariff and consumption tax reforms that leave consumer prices unchanged may be more efficient in improving market access and welfare than a reform that involves only tariffs, and (iii) export and production tax reforms that keep producer prices unchanged may be welfare deteriorating.en
heal.accesscampus-
heal.fullTextAvailabilityTRUE-
heal.identifier.secondary<Go to ISI>://000290828100012-
heal.journalNameSouthern Economic Journalen
heal.journalTypepeer reviewed-
heal.languageen-
heal.publicationDate2011-
heal.recordProviderΠανεπιστήμιο Ιωαννίνων. Σχολή Οικονομικών και Κοινωνικών Επιστημών. Τμήμα Οικονομικών Επιστημώνel
heal.typejournalArticle-
heal.type.elΆρθρο Περιοδικούel
heal.type.enJournal articleen

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