Does a larger country set a higher optimal tariff with monopolistic competition and capital accumulation?

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Abstract

In a two-country endogenous growth model with monopolistic competition and capital accumulation, we show that: (i) a country's optimal tariff is positive; and (ii) a more productive, and hence an economically larger, country sets a lower optimal tariff.

Original languageEnglish
Article number110566
JournalEconomics Letters
Volume216
DOIs
Publication statusPublished - 2022 Jul

Keywords

  • Capital accumulation
  • Endogenous growth
  • Large country
  • Monopolistic competition
  • Optimal tariff

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics

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