Showing 1 - 10 of 122
importance in trade talks, because of the large number of countries involved, the wider dispersion in initial tariffs (e … with heterogeneous firms subject to high and low tariffs. We examine the welfare effects of applying three different tariff …
Persistent link: https://www.econbiz.de/10005062606
This paper analyzes the incentives for governments to impose export subsidies when firms invest in a cost saving technology before market competition. Governments first impose an export subsidy or a tax. After observing export policy, firms invest in cost reducing R&D and subsequently compete in...
Persistent link: https://www.econbiz.de/10005062617
Although the GATT prohibits discriminatory import tariffs, it includes means for circumventing this prohibition. The … previous literature uses static models and discriminatory tariffs increase welfare. In a dynamic model, if governments lack the … ability to precommit, this is not necessarily true. For example, with consumer switching costs, tariffs are higher for firms …
Persistent link: https://www.econbiz.de/10005062636
'Everyone against the protectionism of developed countries' Even if the debate on globalization pits sceptics and enthusiasts against one another, they seem to agree on exposing the protectionism of developed countries. This is illustrated by a recent report by OXFAM on trade, the way some...
Persistent link: https://www.econbiz.de/10005062642
This paper studies steady-state, Markov-Perfect strategic trade policy when (infinitely lived) governments are committed to trade policy during two periods. We compare the case in which both governments choose their export subsidies in the same periods (synchronization) versus the case in which...
Persistent link: https://www.econbiz.de/10005556420
We study the effect of market structure upon international trade policy when firms invest in process R&D before competing in a differentiated goods market. For a domestic monopoly, and increasing the number of foreign firms, the government either chooses a R&D (and output) subsidy, or remains...
Persistent link: https://www.econbiz.de/10005556503
In order to explain the prevalence and persistence of trade protection, a large body of work that departs from the notion of welfare maximizing governments and emphasizes instead political-economic determinants of policy has recently emerged. This survey paper summarizes and evaluates...
Persistent link: https://www.econbiz.de/10005119240
The objective of the paper is to answer an often-asked question : if tariff rates are reduced, what will happen to wage inequality ? We consider two types of wage inequality : between occupations (skills premium), and between industries. We use two large data bases of wage inequality that have...
Persistent link: https://www.econbiz.de/10005408336
.S. tariffs on the Democratic vote share. The effects are estimated with fixed effects and Two-Stage Least Squares based on data … are constructed and shown to be significant. Overall, a 10% decrease of weighted tariffs leads to a 12% decrease in the …
Persistent link: https://www.econbiz.de/10005556442
through administrative procedures such as antidumping enforcement will increase as more traditional forms such as tariffs and …
Persistent link: https://www.econbiz.de/10005556458