Assistance in Adjusting to a Tariff Reduction

1953 ◽  
Vol 26 (2) ◽  
pp. 103
Author(s):  
Otto R. Reischer
Keyword(s):  
Tariff Reduction

An equilibrium displacement approach to analyzing the effects of tariff reduction on farmers’ profits

2016 ◽  
Vol 20 (4) ◽  
pp. 349-363 ◽  
Author(s):  
Byeong-Il Ahn ◽  
Jeong-Bin Im
Keyword(s):  
Cost Function ◽  
Supply And Demand ◽  
Differential Forms ◽  
Trade Agreement ◽  
Tariff Reduction ◽  
Content Type ◽  
Equilibrium Displacement ◽  
Demand Equations ◽  
The Individual ◽  
The Cost

Purpose The purpose of this paper is to develop an equilibrium displacement model (EDM) that is able to evaluate the impacts of a free trade agreement (FTA) on the profits of farmers. Empirical applications of the developed EDM are performed for evaluating the influences of Korea-Chile FTA on the grape industry in Korea. Design/methodology/approach Supply and demand equations together with profit function of individual farmers are converted into log-differential forms that compose the EDM. The cost function of grape producers is estimated for deriving the parameters that are required in applying the developed EDM. Findings The share of profit within revenue and the elasticity of cost with respect to quantity in the cost function play key roles in assessing the change in farmers’ profit. The empirical assessment of the effects of Korea-Chile FTA indicates that this FTA has little impact on the Korean grape market and grape producers in Korea. Originality/value Usefulness of the existing EDM has been limited in evaluating the impacts of exogenous shocks on the individual farmer level. This paper fills this gap by developing an EDM that assesses the impacts of tariff reduction on farm-level profit.

Japan–Indonesia Economic Cooperation: An Overview

2021 ◽  
Vol 13 (04) ◽  
pp. 78-91
Author(s):  
SENIWATI ◽  
Munif Arif RANTI ◽  
Oktaviano Nandito GUNTUR ◽  
Ibnu Aly BADIU
Keyword(s):  
Economic Development ◽  
Manufacturing Industry ◽  
Small And Medium Enterprises ◽  
Economic Cooperation ◽  
Tariff Reduction ◽  
Reduction Scheme ◽  
Economic Partnership Agreement ◽  
Economic Partnership ◽  
Partnership Agreement ◽  
Medium Enterprises

This article aims to deepen our knowledge of Japan’s foreign policy in the Southeast Asian region and its role in Indonesia’s economic development, focusing on their economic cooperation via the Indonesia–Japan Economic Partnership Agreement (IJEPA) and Manufacturing Industry Development Centre (MIDEC) programme. The former has promoted cooperation via a tariff reduction scheme, while the latter facilitates the Indonesian government’s aid to micro, small and medium enterprises in the entrepreneurial sector.

Japanese Beef Tariffs: Beef Quality, Farm Programs, and Producer Compensation

2019 ◽  
Vol 17 (2) ◽  
Author(s):  
Andrew Schmitz ◽  
James L. Seale ◽  
Claudine Chegini
Keyword(s):  
Complete Removal ◽  
Tariff Reduction ◽  
Farm Policy ◽  
Welfare Gains ◽  
Price Supports ◽  
Farm Programs ◽  
Partnership Agreement ◽  
The Impact ◽  
Tariff Reductions ◽  
Farm Program

Abstract Beef is a highly protected commodity in Japan and the number of studies on the impact of beef import tariff reduction has increased in light of the controversy over the Trans-Pacific Partnership Agreement (TPPA), in which the gains from freer trade in beef was a major point of discussion. We estimate that an 11% tariff reduction for Japanese imports of both Australian and U.S. beef can generate a net welfare gain to Japan of between US$92 million and US$915 million. These results are not overly sensitive to whether beef is treated as homogeneous or heterogeneous. A more significant determinant of welfare gains is the extent to which farm policy would be decoupled along with tariff reductions. Under a decoupled farm program, producer welfare can remain unchanged while the net gain from freer trade is identical to that of complete removal of price supports with no compensation to producers. Therefore, negotiators for U.S. and Australian beef interests should lobby for both lowered tariffs and a decoupling of domestic farm policy within the importing country. This seems to have been the case as Japan was willing to move toward a more decoupled farm program under the TPPA.

scholarly journals The impact of tariff reduction on poverty in Zimbabwe, A CGE top-down approach

2015 ◽  
Vol 8 (1) ◽  
pp. 102-116 ◽  
Author(s):  
M Chitiga ◽  
R Mabugu
Keyword(s):  
Computable General Equilibrium ◽  
Policy Reform ◽  
Computable General Equilibrium Model ◽  
Tariff Reduction ◽  
Trade Liberalisation ◽  
Social Accounting Matrix ◽  
Micro Data ◽  
New Approach ◽  
Poor Households ◽  
The Impact

This paper uses a relatively new approach to quantify the effects of trade liberalisation on poverty.  It relies on the combination of a standard, social accounting, matrix-based, computable general equilibrium model and household micro-data. These two tools are used sequentially in order to simulate the impact of trade policy reform.  This framework enables the decomposition of the effects of trade liberalisation, which in turn allows for an analysis of alternative social policy packages.  The methodology is applied to Zimbabwe for illustration.  The results show that poverty is reduced by tariff reduction, although the poor households get the least benefits.

scholarly journals Growth potential for CO 2 emissions transfer by tariff reduction

2019 ◽  
Vol 14 (2) ◽  
pp. 024011 ◽  
Author(s):  
Moinul Islam ◽  
Keiichiro Kanemoto ◽  
Shunsuke Managi
Keyword(s):  
Tariff Reduction ◽  
Growth Potential

scholarly journals An Inter-regional CGE Model to Assess the Impacts of Tariff Reduction and Fiscal Decentralization on Regional Economy: The Case of Indonesia

2003 ◽  
Vol 33 (2) ◽  
pp. 1-25 ◽  
Author(s):  
SUMINORI TOKUNAGA ◽  
BUDY P. RESOSUDARMO ◽  
LUKY EKO WURYANTO ◽  
NGUYEN TIEN DUNG
Keyword(s):  
Regional Economy ◽  
Fiscal Decentralization ◽  
Tariff Reduction ◽  
Cge Model
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