ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Tariffs and Foreign Prices

Tariffs and Foreign Prices THE empirical finding reported by Nambiar and Mehta (1987, hereafter NM), of an inverse relationship between Indian tariff rates and unit values charged by foreign suppliers has generated an interesting debate in these columns. Our purpose in this note is to take issue with the way in which the theoretical and policy aspects of this question have been handled by various contributors, its statistical basis (acknowledged as not entirely satisfactory by NM themselves) having been trenchantly criticised by Singh (1987).

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