Quantifying disruptive trade policies

Christoph Böhringer, Thomas F. Rutherford, Edward J. Balistreri

Mainstream economic wisdom favoring cooperative free trade is challenged by a wave of disruptive trade policies. In this paper, we provide quantitative evidence concerning the economic impacts of tariffs implemented by the United States in 2018 and the subsequent retaliations by partner countries. Our analysis builds on a multi-region multi-sector general-equilibrium simulation model of the global economy that includes an innovative monopolistic-competition structure of bilateral representative firms.

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Year of publication:	[2018]
Authors:	Böhringer, Christoph ; Rutherford, Thomas F. ; Balistreri, Edward J.
Publisher:	Oldenburg : Department of Economics, University of Oldenburg
Subject:	Applied economic analysis \| Multi-region models \| Trade policy \| Monopolistic competition \| Trade wars \| Außenwirtschaftspolitik \| Foreign economic policy \| Monopolistischer Wettbewerb \| Theorie \| Theory \| Allgemeines Gleichgewicht \| General equilibrium \| Handelskonflikt \| Trade dispute

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Extent:	1 Online-Ressource (circa 53 Seiten) Illustrationen
Series:	Oldenburg discussion papers in economics. - Oldenburg : Univ., ZDB-ID 2646314-3. - Vol. V-415-18 (November 2018)
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature
Language:	English
Other identifiers:	hdl:10419/188926 [Handle]
Classification:	C68 - Computable General Equilibrium Models ; F12 - Models of Trade with Imperfect Competition and Scale Economies ; F17 - Trade Forecasting and Simulation
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011933676