摘要：Using an equilibrium displacement model, this paper simulates the effects of tariff reductions for imported cheese. The simulation results based on the estimated supply elasticity indicate that when a 100% tariff reduction is implemented, imports would increase by 57%, demand would increase by 23.1%, and domestic supply would decrease by 39.9%. When there is a 50% tariff reduction, imports would increase by 28.5%, demand would increase by 11.6%, and domestic supply would decrease by 19.9%. The changes in price incurred by 100% and 50% reductions would be -26.5% and -13.2%.
