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Impacts of globalization on tariff settings

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  • Masafumi Tsubuku

    (Nagoya University)

Abstract

This study investigates the effects of globalization—specifically, a reduction in trade costs—on trade policies implemented under unilateral and cooperative policy regimes. The results demonstrate opposite responses to the advancement of globalization under the two regimes: (i) the unilateral policy regime induces governments to raise tariff rates with the progress of globalization, while (ii) the cooperative policy regime allows governments to reduce tariffs.

Suggested Citation

  • Masafumi Tsubuku, 2018. "Impacts of globalization on tariff settings," International Economics and Economic Policy, Springer, vol. 15(1), pages 117-129, January.
    • Handle: RePEc:kap:iecepo:v:15:y:2018:i:1:d:10.1007_s10368-016-0368-9
    DOI: 10.1007/s10368-016-0368-9
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    References listed on IDEAS

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