您的位置: 首页 > 特色资源 > 特色资源列表页 > 资源详情
Import Duties and Performance : Some Stylized Facts for Pakistan
- 作者:
- Varela, Gonzalo
- 关键词:
- IMPORT DUTY; TRADE POLICY; GLOBAL VALUE CHAIN; REGIONAL TRADE; TRADE LIBERALIZATION; EXPORT COMPETITIVENESS; FREE TRADE AGREEMENT; Report; Rapport; Informe;
- 年份:
- 2020
- 出版地:
- Washington,USA
- 语种:
- English
- 摘要:
- This note discusses the role that import duties have in Pakistan's economy, and their links with export competitiveness. Import duties play two key roles. First, they are a source of tax revenues for governments. Second, when imposed on a product, they create a wedge between its world price, and the price paid domestically (as well as a wedge between its domestic price, and the price of its substitute in the domestic economy). These wedges affect the allocation of resources. They divert resources away from export markets - in which firms will only fetch world prices for the product - and into the domestic market, effectively creating an anti-export bias. Thus, an import duty is implicitly an export duty. When these duties are applied on inputs that different sectors use to produce, the duty induces firms to substitute away from that - now more expensive - input, and into other substitutes, thus affecting the otherwise optimal technological choice of firms, as well as increasing their production costs. This note is organized as follows: the first section presents a snapshot of import duties in Pakistan. The second section empirically examines the ways import duties induce an allocation of resources that is different from the one that will be obtained without the duty distortion. The third section looks at the role of tariff policy in the context of the COVID-19 (Coronavirus) pandemic. The fourth section briefly describes the recent changes in the tariff policy institutional arrangement. The fifth section concludes and provides policy recommendations moving forward.
相关资源
- Modernizing Trade in Pakistan : Policy Reform Handbook
- Supporting Lesotho's Economic Diversification and Trade Integration : Structural Transformation through Greater Export Competitiveness
- Chad Growth and Diversification
- Ecuador Trade and Investment Competitiveness Report
- Niger : Leveraging Export Diversification to Foster Growth
- Philippines Economic Update, April 2017
- Morocco: Morocco Announces 2020 FTA Tariff Schedule
- From Evidence to Policy Supporting Nepal’s Trade Integration Strategy : Diversifying Nepal’s Economy through a Dynamic Services Sector
- Moldova Trade Study : Note 3. Competitiveness in Moldova’s Agricultural Sector
- Ghana Economic Update, June 2017 : Shifting Ghana's Competitiveness into a Higher Gear