Research

The Asymmetric Effect of Reversible Tariff Changes Under the United Staes GSP

Mean annual changes in shares of U.S. import markets over 1976-83 are calculated for each of eighteen less-developed countries (LDCs) exporting to the United States. Means for cases in which tariffs rose and fell under the competitive need provisions of the U.S. generalized system of preferences are compared with means for cases in which tariffs remained constant. The asymmetric results: generalized system of preferences tariff increases (decreases) reduce (do not augment) imports. Both more and less competitive LDCs lost market shares when tariffs rose on their products, but other unaffected LDCs generally did not benefit from trade diversion.

Publication Information
Article Title: The Asymmetric Effect of Reversible Tariff Changes Under the United Staes GSP
Journal: Southern Economic Journal (1989)
v. 56 iss. 1 pp. 105-125
Author(s): Rosenbaum, David I;  MacPhee, Craig R
Researcher Information
    
Rosenbaum, David I
Rosenbaum, David I
Associate Director of the Bureau of Business Research,
Expertise:
  • Forensic Economics
  • Applied Microeconomics
  • Cost-Benefit Analysis
Economics
CoB 525 J
P.O. Box 880489
University of Nebraska-Lincoln
Lincoln, NE 68588-0489, USA
Phone: (402) 472-2318
Fax: (402) 472-9700
drosenbaum1@unl.edu
MacPhee, Craig R
MacPhee, Craig R
Emeritus
Expertise:
  • Emerging Markets and Transition Economies
  • Import Tariffs and Tax Policies
  • International Trade & Finance
Economics
CBA 353
P.O. Box 880489
University of Nebraska-Lincoln
Lincoln, NE 68588-0489, USA
Phone: (402) 472-2319
Fax: (402) 472-9700
cmacphee1@unl.edu