Aspects of the Theory of Tariffs (Collected Works of Harry Johnson)

Aspects of the Theory of Tariffs (Collected Works of Harry Johnson)

by Harry Johnson
Released July 2013
Publisher(s): Routledge
ISBN: 9781134624195

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Book description

An internationally acknowledged authority on all aspects of the theory of international trade and payments, this book collects Harry Johnson’s contributions to the study of international trade, including a critique of the theory of effective protection. The book discusses:

  • the integration of income distribution and other aspects of the economy into the positive theory of tariffs
  • the issues raised by the use of tariffs to promote economic development
  • the implications of distortions of various kinds in the working of competition for tariff theory and policy
  • the costs of protection 
  • the implications of effective protection for world economic development and the economic effects of trade preferences
  • the question of free trade and the extent to which it requires the harmonization other aspects of economic policy.

Table of contents

  1. Cover
  2. Half Title
  3. Title Page
  4. Copyright Page
  5. Original Copyright Page
  6. Dedication
  7. Contents
  8. Introduction
  9. I THE POSITIVE THEORY OF TARIFFS
    1. 1 International Trade, Income Distribution, the Offer Curve, and the Effects of Tariffs
      1. Appendix: An Alternative Derivation of the Transformation Curve and Income Distribution Function
    2. 2 A Generalized Theory of the Effects of Tariffs on the Terms of Trade (with Jagdish Bhagwati)
    3. 3 Tariffs and Economic Development: Some Theoretical Issues
  10. II TARIFFS AND DISTORTIONS
    1. 4 Optimal Trade Intervention in the Presence of Domestic Distortions
    2. 5 Factor Market Distortions and the Shape of the Transformation Curve
    3. 6 The Gain from Exploiting Monopoly or Monopsony Power in International Trade
    4. 7 Two notes on tariffs, distortions, and growth
  11. III THE COST OF PROTECTION
    1. 8 The Cost of Protection and the Scientific Tariff
    2. 9 The Costs of Protection and Self-Sufficiency
    3. 10 An Economic Theory of Protectionism, Tariff Bargaining, and the Formation of Customs Unions
      1. Appendix: The Limits of Non-Discriminatory Reciprocal Tariff Reduction
  12. IV THE THEORY OF EFFECTIVE PROTECTION
    1. 11 The Theory of Content Protection
    2. 12 The Theory of Tariff Structure, with special reference to world trade and development
    3. 13 The Theory of Effective Protection and Preferences
    4. 14 A Model of Protection and the Exchange Rate
    5. 15 Effective Protection and General Equilibrium Theory
  13. V TARIFF REDUCTION AND POLICY HARMONIZATION
    1. 16 The Implications of Free or Freer Trade for the Harmonization of other policies
  14. Index of Subjects
  15. Index of Names

Product information

  • Title: Aspects of the Theory of Tariffs (Collected Works of Harry Johnson)
  • Author(s): Harry Johnson
  • Release date: July 2013
  • Publisher(s): Routledge
  • ISBN: 9781134624195