Showing 1 - 10 of 181
We model an overlapping-generations economy with two skill levels: skilled and unskilled. The welfare-state is modeled simply by a proportional tax on labor income to finance a demogrant in a balanced-budget manner. Therefore, some (the unskilled workers and old retirees) are net beneficiaries...
Persistent link: https://www.econbiz.de/10008583730
This paper analyzes the economic effects of content-based import tariffs China imposed on imported auto parts. While … trade transactions by firm ownership type. Compared with import transactions for other firms, the data show that foreign …-affiliated firms appear to have mitigated the effects of the policy by reducing import transaction prices, and by reducing their import …
Persistent link: https://www.econbiz.de/10009351469
Quantifying the welfare effects of trade liberalization is a core issue in international trade. Existing frameworks assume perfect labor markets and therefore ignore the effects of aggregate employment changes for welfare. We develop a quantitative trade framework which explicitly models labor...
Persistent link: https://www.econbiz.de/10010877646
If a free trade agreement (FTA) is characterized by the exchange of market access with a large and competitive trading partner, the agreement can cause a leakage of protectionist benefits to domestic industry from lobbying against external tariff cuts. This rent destruction effect of an FTA can...
Persistent link: https://www.econbiz.de/10010877912
Using a novel common econometric specification, we examine the measurement of three important effects in international trade that historically have been addressed largely separately: the (partial) effects on trade of economic integration agreements, national borders, and bilateral distance....
Persistent link: https://www.econbiz.de/10010948834
Opposing theoretical predictions on the effects of trade preferences on multilateral tariff cuts point to the need for empirical analysis to determine whether preferential trade agreements promote or hinder multilateral trade liberalization. This paper examines the impact of Japan’s trade...
Persistent link: https://www.econbiz.de/10010764281
To understand the effects of trade policy uncertainty on firm-level export decisions, we study firm-product data on … export activities across firms, largely due to extensive margin entries and exits. In addition we document accompanying … prices entered the U.S. export market, while firms that had higher prices and provided lower quality products exited. …
Persistent link: https://www.econbiz.de/10010765496
standards, using a new database on U.S. import refusals from 2002 to 2012. We find that import refusals significantly decrease …
Persistent link: https://www.econbiz.de/10011103394
Since July 2013, the EU and the US have been negotiating a preferential trade agreement (PTA), the Transatlantic Trade and Investment Partnership (TTIP). We use a multi-country, multi-industry Ricardian trade model with national and international input-output linkages to quantify its potential...
Persistent link: https://www.econbiz.de/10011105368
endogenous, the LNG export benefit can drop by as much as 20-50% relative to the case of exogenous cost. …
Persistent link: https://www.econbiz.de/10011185622