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Browsing Duke Faculty Scholarship by Duke-affiliated Author "Tower, Edward"

DukeSpace

Browsing Duke Faculty Scholarship by Duke-affiliated Author "Tower, Edward"

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  • Buffer stocks are better stabilizers than quotas
    Tower, Edward (Journal of International Economics, 1981)
    Michael Pelcovits (1979, p. 303) recently showed that with an unstable foreign excess supply curve, either a futed quota or a buffer stock program with a fixed tariff can be used to stabilize domestic price at a given ...
  • Commercial Policy Under Fixed and Flexible Exchange Rates
    Tower, Edward (The Quarterly Journal of Economics, 1973)
    I. Is devaluation deflationary? 437.--II. The Keynesian model, 442.--III. Commercial policy under fixed rates, 446.--IV. Commercial policy under flexible rates, 449.--V. The terms-of-trade effect can be zero or negative ...
  • The Economic Impact--Industrial and Regional--Of An Arms Cut
    Leontief, Wassily; Alison Morgan,; Polenske, Karen; Simpson, David; Tower, Edward (The Review of Economics and Statistics, 1965)
    In a paper published four years ago,' inputoutput analysis was used to estimate the effect of such a change in the structure of final demand on the industrial distribution of the labor force for the country as a whole. ...
  • How Did the 2003 Prescription Drug Re-Importation Bill Pass the House?
    Gokcekus, Omer; Adams, Mike; Grabowski, Henry; Tower, Edward (SSRN eLibrary, 2006)
    the major interest groups in the debate over allowing the re-importation of prescription drugs by utilizing a logit model and instrumental variables. Consistent with political support approach, the evidence suggests that ...
  • On the functional relationship between tariffs and welfare
    Tower, Edward (Journal of International Economics, 1975)
    This paper uses a model of trade in two commodities between two countries to establish the following proposition. If the foreign offer curve has no points of inflection and if for each home rate of duty the equilibrium ...
  • On the Shape of the Trade Indifference Curve: Rejoinder to Batra
    Kemp, Murray C.; Tower, Edward (The American Economic Review, 1976)
    Raveendra Batra argues in his reply that our comment on his article is substantially incorrect because "the curvature of the trade indifference curve in the presence of the non traded good is indeterminate". In this note ...
  • The ranking of alternative tariff and quota policies in the presence of domestic monopoly
    Sweeney, Richard J.; Tower, Edward; Willett, Thomas D. (Journal of International Economics, 1977)
    monopoly. This paper also assumes domestic production to be monopolized, and shows that giving import licenses or tariff revenues to the domestic producer may raise or lower the welfare cost of protection alnd the price ...
  • Ranking the optimum tariff and the maximum revenue tariff
    Tower, Edward (Journal of International Economics, 1977)
    This note uses a two-commodit:y model to demonstrate that if(l) ttte tarif revenue is given to the private sector, (2) the home trade indifference curves are strictly concave and (3) the foreign &er CUHWha s a continuousf ...
  • The Short-Run Stability of the Foreign Exchange Market
    Stein, Jerome L.; Tower, Edward (The Review of Economics and Statistics, 1967)
    In his frequently quoted attack on the free exchange market, Ragnar Nurkse claimed that: "Experience has shown that, apart from exchange control, the only effective means to prevent the disturbing exchange movements is ...
  • The Stahl-Alexeev paradox: A note
    Gang, Ira N.; Tower, Edward (Journal of Economic Theory, 1988)
    We offer a simple proof of the paradox discovered by Stahl and Alexeev that the introduction of black markets in a fixed price economy with a rationing mechanism consisting of waiting line queues is not necessarily a ...
  • Trade and Industrial Policy Under Oligopoly: Comment
    Csaplar, Wilfrid W.; Tower, Edward (The Quarterly Journal of Economics, 1988)
    In this comment we show by example that the optimal tax is not necessarily zero.
  • Trade Policy and the American Income Distribution
    Hartigan, James C.; Tower, Edward (The Review of Economics and Statistics, 1982)
    This study combines a general equilibrium methodology with a significant degree of disaggregation by using the 83 sector United States input-output table and a linear programming approach3 to assess the impact of ...