Trade Reform in the Partially Liberalized Economy of Turkey
研究了土耳其贸易政策改革后,进一步降低关税需与减少出口补贴协调才能显著提升福利,且扭曲的分散程度比水平更重要。
Recent reforms in trade policy in Turkey have produced a foreign trade regime that exhibits very little antiexport bias on average. A quantitative, multisectoral general equilibrium model of the Turkish economy shows that piecemeal trade policy reform, based on first-best rationales that are appropriate for highly distorted economies, would not now be appropriate. Further tariff reductions must be coordinated with export subsidy reductions to attain significant welfare benefits. The dispersion of distortions, especally export subsidies, is more important than their level. A policy of harmonizing tariffs to the common external tariff of the European Community has virtually no effect on welfare. Copyright 1993 by Oxford University Press.