« More on corruption in China | Main | We are all geeks at heart »

May 24, 2007

Comments

Charlie

I wonder if the 2% figure gives a fair characterization. Doesn't that figure represent some large tariffs in a small number of sectors and free trade in others. Also, I'm guessing it leaves out subsidies in general. I can't remember exactly how to draw a big subsidy on that picture, but I remember it not being good. Are you for limiting the large tariffs and subsidies in agriculture? I'd agree probably that the overall economic gains to the U.S. would be small, mostly because Ag is an increasingly small sector of our economy, but shouldn't the efficiency gains compared to the distribution costs be large? It also seems to me to be a really regressive policy. Most poor people don't work in agriculture, but they all buy food.

Also, I can't find simple data on U.S. tariffs across sectors, so maybe my characterization is misinformed. I'm a first year Ph.D. student, so I've forgotten most economics but learned lots of math ;-).

Charlie

I've been thinking that I probably mischaracterized the situation. I had relatively few examples in mind, like sugar tariffs and ethanol subsidies that raise the price of food. Since most of our Ag policy is done through subsidies, rather than tariffs it's probably a net gain for the poor lowering the price of food. Assuming that low income people's consumption is skewed enough toward food consumption and the effect of the losses in efficiency are smaller to them, they could be net gainers.

Is that what you think? Are the efficiency costs worth it?

rado watches

Why is everyone just montblanc watches willing to accept power cuts? Don't you think that patek philippe watches having continious power is your right? If people aren't going to demand rado watches 24X7 power, don't expect anything zenith watches to change. The government needs to look at other sources parmigiani watches of power generation. The only solution is more power panerai watches production. Nothing less.
http://www.watchvisa.com/montblanc-watches.html
http://www.watchvisa.com/patek_philippe-watches.html
http://www.watchvisa.com/rado-watches.html
http://www.watchvisa.com/tudor-watches.html

rolex watches

People usually say :"Seeing is believing." http://www.tt88times.com
Each attempt has a corresponding gain, in part or obvious, or vague. At least we have the kind of satisfaction After I bought this watch ,in a sense,it means a great deal to me. http://www.fashionhairfu.com

Cheap Louis Vuitton

Thanks for the response.
My thoughts re:non-homothetic demand would come from having some non-tradables in the economy. You get richer, you consume a more diverse array of goods, which you have to produce. You could get the same sort of effect even if everything were tradable, but with transport costs.
I did have a quick skim of the paper. I don't have time at the minute to read every word, but they did mention this kind of thing. However, they said that it couldn't explain the non-montone relationship. Fair enough, but most simple models have difficulty with non-monotone relationships. You could easily add a few bells and whistles to my basic story to get the U-shape.

lachou

I like these articles , democratic countries formulate policies are both team and the interests of the people of power, but the undemocratic countries rarely for the interests of the people, http://www.jerseysky.com it is the sorrow of many democracy, I like the western and northern state policy.
http://www.cheapsaleing.com
http://www.nikeairmaxshoe.ocm

pizza

Are the efficiency costs worth it?

mbt shoes

I am a senior student too, I Love this post as i love study english, This article is to my feelings, thanks for your sharing, hoping to see more useful content.

Account Deleted

raf sistemleri

Thanks so much.

Account Deleted

Thanks for your opinion. I totally agree with it.I like buy cheap designer handbags at http://www.mybestbags.com as well and someone is looking for cheap coach handbags dfsd

Yangnius

If Pelosi experienced the opportunity to ask for questions chicken tractor

Account Deleted

Raf
raf

Thanks to you ...

Account Deleted

Many places and centers offer business and trade promotions to both buyers and supplier
sexshop

Account Deleted

Thanks for sharing your article. I really enjoyed it. I put a link to my site to here so other people can read it
sexyshop

Account Deleted

What about the differences in skill intensities across industries? The job losses in the relatively unskilled-labor intensive battery industry should have little effect on the relatively skilled-labor intensive machinery
sexshop online

galoon due

Excellent Blog! Thanks for sharing an informative post. Begin to live independently from now if not when?
in general, women forget to take care of important organs in the body simply prioritize the face and body only crystal x asli Here we have a solution on how you take care of an important organ in the female body. Detailed information you can visit Crystal X

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Your Information

(Name is required. Email address will not be displayed with the comment.)