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Introduction=ix
I. THE POSITIVE THEORY OF TARIFFS
1. International Trade, Income Distribution, the Offer Curve, and the Effects of Tariffs=3
Appendix : An Alternative Derivation of the Transformation Curve and Income Distribution Function=41
2. A Generalized Theory of the Effects of Tariffs on the Terms of Trade (with Jagdish Bhagwati)=45
3. Tariffs and Economic Development : Some Theoretical Issues=84
II. TARIFFS AND DISTORTIONS
4. Optimal Trade Intervention in the Presence of Domestic Distortions=117
5. Factor Market Distortions and the Shape of the Transformation Curve=152
6. The Gain from Exploiting Monopoly or Monopsony Power in International Trade=168
7. Two notes on tariffs, distortions, and growth=177
III. THE COST OF PROTECTION
8. The Cost of Protection and the Scientific Tariff=187
9. The Costs of Protection and Self-Sufficiency=219
10. An Economic Theory of Protectionism, Tariff Bargaining, and the Formation of Customs Unions=238
Appendix : The Limits of Non-Discriminatory Reciprocal Tariff Reduction=279
IV. THE THEORY OF EFFECTIVE PROTECTION
11. The Theory of Content Protection=285
12. The Theory of Tariff Structure, with special reference to world trade and development=307
13. The Theory of Effective Protection and Preferences=331
14. A Model of Protection and the Exchange Rate=358
15. Effective Protection and General Equilibrium Theory=367
V. TARIFF REDUCTION AND POLICY HARMONIZATION
16. The Implications of Free or Freer Trade for the Harmonization of other policies=395
Index of Subjects=446
Index of Names=449
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An internationally acknowledged authority on all aspects of the theory of international trade and payments, this book collects Harry Johnson’s contributions to the study of international trade, including a critique of the theory of effective protection. The book discusses:
An internationally acknowledged authority on all aspects of the theory of international trade and payments, this book collects Harry Johnson’s contributions to the study of international trade, including a critique of the theory of effective protection.
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