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Tariffs in a Ricardian Model with a Monopolistically Competitive Sector

其他書名	The Role of Nontradables
出版	SSRN, 2005
URL	http://books.google.com.hk/books?id=_cDczwEACAAJ&hl=&source=gbs_api

註釋It is shown that for a small open economy the welfare effects of a tariff on the import of the brands of a differentiated good depends crucially on the pattern of trade. The literature has shown that welfare rises when the domestic brands are nontraded. But when the domestic brands are traded, the imposition of a tariff lowers welfare by shifting demand towards the nontraded homogeneous good which causes exit from the differentiated goods industry.