Use this URL to cite or link to this record in EThOS: | https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.254842 |
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Title: | Tariff protection in the UK price-cost margins and consumer welfare. | ||||
Author: | Damooe, J. |
ISNI:
0000 0001 3403 0935
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Awarding Body: | University of Surrey | ||||
Current Institution: | University of Surrey | ||||
Date of Award: | 1981 | ||||
Availability of Full Text: |
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Abstract: | |||||
This thesis undertakes theoretical and empirical analyses to estimate
the welfare effects of tariffs on U. K. imports of manufactured products.
The analyses differ from the standard model of tariffs and welfare by
explicitly allowing for product differentiation between imports and home
products and for home firms' prices exceeding their costs of production.
The theoretical analysis makes use of a simple partial equilibrium model
to examine the effects of tariffs on home industry's profit and on the
welfare of consumers of home and foreign products. A prediction of the
model is that tariffs may generate welfare gains as well as losses.
Estimation of the welfare gains and losses required quantitative
information about the manner in which home firms' prices and output are
affected by tariffs. This information was obtained with the help of
multiple regression analyses involving a sample of forty. U. K. industries.
The regression estimates of the price-output response of home firms were
then used to estimate the welfare effects of a hypothetical cut in U. K.
tariffs. The calculations suggest that tariff reduction may generate
welfare losses well in excess of any corresponding welfare gain.
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Supervisor: | Not available | Sponsor: | Not available | ||
Qualification Name: | Thesis (Ph.D.) | Qualification Level: | Doctoral | ||
EThOS ID: | uk.bl.ethos.254842 | DOI: | Not available | ||
Keywords: | Economics & economic theory | ||||
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