01885cas a2200253 a 4500 AALejournalIMF009125 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451846904 1018-5941 BD-DhAAL BD-DhAAL Tokarick, Stephen. The Trade and Welfare Consequences of U.S. Export-Enhancing Tax Provisions / Stephen Tokarick, Don Rousslang. Washington, D.C. : International Monetary Fund, 1994. 1 online resource (28 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The U.S. tax code contains two provisions that encourage exports by reducing the U.S. corporate income tax on export profits. An applied general equilibrium model of the U.S. economy is used to estimate the trade and welfare consequences of eliminating both tax provisions. We find that the provisions ameliorate the trade-discouraging effects of U.S. tariffs, but they also adversely affect the U.S. terms of trade to such an extent that eliminating them is likely to improve U.S. domestic welfare. While it is possible to find a 'equivalent' tariff rate that replicates the effects on trade flows of removing the tax provisions, the welfare effects of a tariff differ importantly because a tariff interacts differently than the tax provisions with other distortions in the model. Mode of access: Internet Rousslang, Don. IMF Working Papers; Working Paper ; No. 1994/050 Full text available on IMF http://elibrary.imf.org/view/journals/001/1994/050/001.1994.issue-050-en.xml IMF e-Library