Coordinating Tariff Reduction and Domestic Tax Reform

A key obstacle to fundamental tariff reform in many developing countries is the revenue loss that it ultimately implies. This paper establishes a simple and practicable strategy for realizing the efficiency gains from tariff reform without reducing public revenues, showing that for a small open econ...

Full description

Bibliographic Details
Main Author: Keen, Michael
Other Authors: Ligthart, Jenny
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1999
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
LEADER 02415nmm a2200553 u 4500
001 EB000929471
003 EBX01000000000000000723067
005 00000000000000.0
007 cr|||||||||||||||||||||
008 150128 ||| eng
020 |a 9781451851632 
100 1 |a Keen, Michael 
245 0 0 |a Coordinating Tariff Reduction and Domestic Tax Reform  |c Michael Keen, Jenny Ligthart 
260 |a Washington, D.C.  |b International Monetary Fund  |c 1999 
300 |a 20 pages 
651 4 |a Ethiopia, The Federal Democratic Republic of 
653 |a Inflation 
653 |a Wealth 
653 |a Producer prices 
653 |a Tariff 
653 |a Tariffs 
653 |a International Trade Organizations 
653 |a Public finance & taxation 
653 |a Taxes 
653 |a Saving 
653 |a Deflation 
653 |a Trade Policy 
653 |a Consumer prices 
653 |a National accounts 
653 |a Models of Trade with Imperfect Competition and Scale Economies 
653 |a Price Level 
653 |a Business Taxes and Subsidies 
653 |a Consumption; Economics 
653 |a Taxation, Subsidies, and Revenue: General 
653 |a Consumption taxes 
653 |a Consumption 
653 |a Prices 
653 |a Macroeconomics 
653 |a Macroeconomics: Consumption 
653 |a Taxation 
653 |a Spendings tax 
700 1 |a Ligthart, Jenny 
041 0 7 |a eng  |2 ISO 639-2 
989 |b IMF  |a International Monetary Fund 
490 0 |a IMF Working Papers 
028 5 0 |a 10.5089/9781451851632.001 
856 4 0 |u https://elibrary.imf.org/view/journals/001/1999/093/001.1999.issue-093-en.xml?cid=3154-com-dsp-marc  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a A key obstacle to fundamental tariff reform in many developing countries is the revenue loss that it ultimately implies. This paper establishes a simple and practicable strategy for realizing the efficiency gains from tariff reform without reducing public revenues, showing that for a small open economy, a cut in tariffs combined with a point-for-point increase in domestic consumption taxes increases both welfare and public revenues. Increasingly stringent conditions are required, however, to ensure unambiguously beneficial outcomes from this reform strategy when allowance is made for such important features as nontradeable goods, intermediate inputs, and imperfect competition