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The Lerner Symmetry Theorem: Generalizations and Qualifications

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NBER2017-05-01 更新2025-01-04 收录
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The Lerner Symmetry Theorem (Lerner, 1936) establishes the equivalence between import tariffs and export taxes in a simple neoclassical economy with two countries, two final goods, and no trade costs. In this paper we provide a number of generalizations and qualifications of this well-known result.

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2017-05-01
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