Is Import Tariff Hurting US Welfare?
Keywords:
Necessary condition, sufficient condition, ex-post approach, welfare improvement, etc.Abstract
In 2017 the US imposed several tariffs on imports from China. In our study, we derive both the necessary and the sufficient conditions for the tariff to be welfare-enhancing using the ex-post approach. We found the data satisfies both the necessary and the sufficient conditions. So, we conclude that U.S. welfare has improved due to US import tariff on Chinese products.
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Published
2023-03-22
How to Cite
Adhikari, D. R. (2023). Is Import Tariff Hurting US Welfare?. International Journal of Business & Economics (IJBE), 8(1), 43–50. Retrieved from https://ijbe.ielas.org/index.php/ijbe/article/view/5
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