Title: Optimum Tariffs in a Distorted Economy: An Application to Agriculture
Published in: Working Papers Series
Author/s: Larry Karp* and John Beghin
Optimal distortions for the agricultural sector are calculated taking as given distortions in the nonagricultural sector. The calculations use a general equilibrium model and assume that the sole criterion is economic efficiency. For most agricultural commodities, existing distortions should be decreased; for the cotton and oil bearing sector, however, the existing tariff should be increased.