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文章基本信息

  • 标题:Rent-Seeking, Trade Policy and Economic Welfare
  • 本地全文:下载
  • 作者:Fernando Antônio Ribeiro Soares ; Tito Belchior Silva Moreira
  • 期刊名称:Modern Economy
  • 印刷版ISSN:2152-7245
  • 电子版ISSN:2152-7261
  • 出版年度:2011
  • 卷号:2
  • 期号:1
  • 页码:31-38
  • DOI:10.4236/me.2011.21005
  • 出版社:Scientific Research Publishing
  • 摘要:The objective of this paper is to assess the impacts that rent-seeking arising from government intervention in international trade has on welfare. More specifically, the focus is on how the granting of special import re- gimes promotes rent-seeking practices, which have negative effects on welfare. We present two concepts of nominal protection: legal tariffs and the actual import tariffs. In addition, we construct three measures of welfare: from the legal tariff; from the actual import tariffs; and from the actual import tariffs when rent-seeking is present. Finally, we compare the various measures of protection in terms of their impact on welfare. The results show that trade policies based on exceptions - such as those establishing the special im- port regimes - tends to decrease welfare.
  • 关键词:Legal Tariffs; Actual Import Tariffs; Welfare; Rent-Seeking
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