Optimal tariffs on intermediate and final goods: the case of tropical forest products


Journal Article

Products made from tropical timber are subject to a variety of tariff and nontariff barriers. This paper considers the potential welfare gains from the imposition of optimal tariffs on these products. Optimal tariffs and associated welfare gains are determined by applying nonlinear programming to a static three-region, three-product, partial equilibrium simulation model. Optimal tariffs are determined for each region both with and without retaliation by other regions. In the case of retaliation, two- and three-region Cournot-Nash equilibria are described. Principal findings are that modest welfare gains are possible in the absence of retaliation, but large losses may result if other regions retaliate. -from Author

Duke Authors

Cited Authors

  • Vincent, JR

Published Date

  • January 1, 1989

Published In

Volume / Issue

  • 35 / 3

Start / End Page

  • 720 - 731

International Standard Serial Number (ISSN)

  • 0015-749X

Citation Source

  • Scopus