Publications [#238410] of Kent P. Kimbrough

Journal Articles

1. Gardner, GW; Kimbrough, KP, Tax smoothing and tariff behavior in the United States, Journal of Macroeconomics, vol. 14 no. 4 (Fall, 1992), pp. 711-729, Elsevier BV, ISSN 0164-0704
   (last updated on 2024/04/16)

   Abstract:
   This paper develops and tests a public finance theory of tariff behavior. Tariffs are viewed as being part of the optimum revenue raising tax package so that tariff revenue is closely tied to government spending. A key implication of the theory is that tariff rate movements should be consistent with tax-smoothing behavior. The test focuses on the United States during the years 1869-1916. The results of the test support the theory. © 1992.