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WTO DDA 협상과 관세율체계 변화 연구(The effect of the DDA negotiations on Korean tariff structure and economy)

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  • WTO DDA 협상과 관세율체계 변화 연구(The effect of the DDA negotiations on Korean tariff structure and economy)
  • 정재호; 박순찬
  • 한국조세연구원


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Title WTO DDA 협상과 관세율체계 변화 연구(The effect of the DDA negotiations on Korean tariff structure and economy)
Similar Titles
Material Type Reports
Author(Korean)

정재호; 박순찬

Publisher

서울:한국조세연구원

Date 2006-12
Pages 155
Subject Country South Korea(Asia and Pacific)
Language Korean
File Type Link
Subject Economy < Trade
Economy < Economic Administration
Holding 한국조세연구원

Abstract

This paper analyzes the impact of tariff reduction modality mentioned in Doha Development Agenda(DDA) negotiations on the tariff structure of Korea and some major countries. Appling the simple non-linear Swiss Formula on a line-by-line basis reduces or eliminates tariff peak, high tariff and tariff escalation. The size of reducing tariff variation depends on the level of coefficient for the tariff reduction formula. If Korean government intends to use its statutory tariff rates as a tool of industry policy, it will announce the new level of main tariff rate on most of final product (currently 8%) as soon as possible and consider the length of the full implementation periods for tariff reduction. With new tariff structures after DDA, this paper examines the possible economic effects of the DDA negotiations on GDP, welfare, trade and industrial production of Korea by using a computable general equilibrium model. The result suggests that the amount of welfare gain of Korea from the DDA negotiations is relatively greater than that of other countries. Finally, we find that the effects of the DDA negotiations can be further increased in a long-term period if each country makes great efforts to realize increasing return to scale and boost capital accumulation to improve its industrial structure. (The rest omitted)