1.

Record Nr.

UNINA9910788408603321

Autore

Sadikov Azim

Titolo

Fiscal Implications of Multilateral Tariff Cuts / / Azim Sadikov, Hans Lankes, Dustin Smith, Katrin Elborgh-Woytek, Jean-Jacques Hallaert

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2006

ISBN

1-4623-1448-1

1-4527-8141-9

1-283-51311-0

9786613825568

1-4519-9317-X

Descrizione fisica

1 online resource (38 p.)

Collana

IMF Working Papers

Altri autori (Persone)

LankesHans

SmithDustin

Elborgh-WoytekKatrin

HallaertJean-Jacques

Soggetti

Free trade

Tariff

Exports and Imports

Taxation

Economic Theory

Trade Policy

International Trade Organizations

Trade: General

Agriculture: Aggregate Supply and Demand Analysis

Prices

Public finance & taxation

International economics

Economic theory & philosophy

Tariffs

Trade liberalization

Imports

Taxes on trade

Demand elasticity

Commercial policy

Elasticity

Economics

Hong Kong Special Administrative Region, People's Republic of China



Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"September 2006."

Nota di bibliografia

Includes bibliographical references (p. 22-25).

Nota di contenuto

""Contents""; ""I. INTRODUCTION""; ""II. BACKGROUND""; ""III. OVERVIEW OF THE LITERATURE""; ""IV. SIMULATION OF THE FISCAL REVENUE IMPACT OF TARIFF LIBERALIZATION""; ""V. SUMMARY AND POLICY RECOMMENDATIONS""; ""REFERENCES""

Sommario/riassunto

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.