Showing 1 - 10 of 17
countries. The cross-country income elasticity of establishment size is remarkably similar across sectors, about 0.3. We discuss …
Persistent link: https://www.econbiz.de/10012480621
elasticity of trade with respect to trade frictions. We develop a new simulated method of moments estimator to estimate this … elasticity from disaggregate price and trade-flow data and we use it within Eaton and Kortum's (2002) Ricardian model. We apply … elasticity of roughly four, nearly fifty percent lower than Eaton and Kortum's (2002) approach. This difference doubles the …
Persistent link: https://www.econbiz.de/10012461861
values, the elasticities of wages, prices, taxes, and government transfers with respect to national labor supplies, as well …
Persistent link: https://www.econbiz.de/10012464157
in the elasticity of distortions with respect to firm productivity generate the bulk of empirical patterns and over two …
Persistent link: https://www.econbiz.de/10014635713
"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/10010522629
We study the macroeconomic consequences of tariffs. We estimate impulse response functions from local projections using …. The effects on output and productivity tend to be magnified when tariffs rise during expansions, for advanced economies …, and when tariffs go up, not down. Our results are robust to a large number of perturbations to our methodology, and we …
Persistent link: https://www.econbiz.de/10012481049
This paper documents a new fact, then analyzes its causes and consequences: in most countries, import tariffs and non …, substantially accounts for this pattern. The downstream pattern can be explained by theories where industries lobby for low tariffs …
Persistent link: https://www.econbiz.de/10012481652
This paper analyzes the short-run trade effects of retaliatory tariffs against agriculture and food exports from the … United States. The results indicate that these tariffs caused a substantial decline in U.S. agriculture and food exports and …
Persistent link: https://www.econbiz.de/10012481730
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/10012467641
This paper uses history to explore the empirical content of two determinants of tariff policy that have a long pedigree: the Stolper-Samuelson corollary to the Heckscher-Ohlin theorem, and the infant-industry argument for protection. It reports a set of world tariff facts for the 150 years...
Persistent link: https://www.econbiz.de/10012469042