An alternative welfare decomposition for customs unions
We present a means of evaluating the effects of customs-union formation by a decomposition of the overall welfare effect into two components: the consequences of induced changes in domestic prices; and the effects on income of adjustments in tariff rates and endogenous changes in the pattern and vol...
Main Author: | Harrison, Glenn W |
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Other Authors: | Rutherford, Thomas F, Wooton, Ian |
Format: | Book |
Series: | Canadian Journal of Economics, vol. 26, no. 4 (noviembre 1993), pp. 961-968
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Subjects: |
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