Showing 1 - 10 of 155
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
Chinese exports to the U.S. in the years surrounding China’s 2001 WTO accession. Following predictions based on a model of …
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
, assuming that the agreement would eliminate all transatlantic tariffs and reduce non-tariff barriers as other deep PTAs have …
Persistent link: https://www.econbiz.de/10011105368
bilateral measure of market access to compare tariffs applied in 1996 and 2006, which includes the timing of the Uruguay Round … and episodes of bilateral liberalization. Our econometric estimations show that the reduced tariffs imposed on emerging …
Persistent link: https://www.econbiz.de/10010877681
Historically, tariffs have been an attractive policy tool to protect domestic industries. The benefits of such a policy …
Persistent link: https://www.econbiz.de/10010877688
as tariffs, can continue to disadvantage foreign firms. We analyze the bidding strategies in such a game and show that … when domestic profits are valued, tariffs will be used to discriminate against foreign firms. Furthermore, we find that … optimal tariffs can be more protectionist than the optimal price preference, resulting in lower expected domestic welfare and …
Persistent link: https://www.econbiz.de/10010752159