関税による援助: 動学的視点による再考

概要

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The effect of a reduction of import tariff rates by importing country can be regarded as a foreign aid to the exporting country: the importing country as the “donor” and the exporting country as the “recipient”. This paper examines the effect of reduction of import tariff rates on welfare levels both of the donor and the recipient countries from a dynamic macroeconomic viewpoint, using a two-country, two-sector overlapping generations model.We show that the reduction of import tariff rates reflects not only the terms of trade effect, appeared in the static framework, but also the capital accumulation effect, only appeared in the dynamic framework on welfare levels of both countries. In special, the latter effect depends on the quantities of trade and the degree of capital accumulation, both of which are determined by the magnitudes and the difference in time preferences of two countries.JEL classification: F43, O11
日本地域学会の論文