Fiscal Implications of Multilateral Tariff Cuts.
The paper contributes to the discussion about the revenue implications of trade reform by assessing the approximate fiscal revenue impact of different liberalization formulae under consideration in multilateral trade negotiations for a group of low- and middle-income countries. The study applies a l...
Clasificación: | Libro Electrónico |
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Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
International Monetary Fund
2006.
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Colección: | IMF working paper ;
WP/06/203. |
Temas: | |
Acceso en línea: | Texto completo |
Sumario: | The paper contributes to the discussion about the revenue implications of trade reform by assessing the approximate fiscal revenue impact of different liberalization formulae under consideration in multilateral trade negotiations for a group of low- and middle-income countries. The study applies a linear optimization framework to data for bound tariffs, applied tariffs, and imports at the HS-6 digit level for 58 developing countries, and simulates results for different sets of import demand elasticities and developing country "flexibilities." While only a small number of countries face a significant impact, results point toward the need for complementary fiscal measures in the countries most affected by revenue loss. |
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Descripción Física: | 1 online resource (38 pages) |
ISBN: | 1283513110 9781283513111 9781451993172 145199317X |