Gnutzmann-Mkrtchyan, Arevik; Henn, Christian - 2018
We demonstrate that durable MFN tariff elimination affects trade patterns through several layers, and magnitudes of …-product variation. Our analysis finds novel nonlinear impacts of tariff liberalization: Complete tariff elimination results in large … additional trade gains - over and above tariff reductions - especially for intermediate goods. The commitment to durable tariff …