Showing 1 - 10 of 162
A prominent explanation for why trade is not free is politicians' desire to protect some of their constituents at the … method implies that redistributive trade protection accounts for a significant fraction of US tariff variation and causes …
Persistent link: https://www.econbiz.de/10014421223
We review theoretical and empirical work on the economic effects of the United States and China trade relations during … economic effects on different outcomes. We then focus on the recent U.S.-China trade war. We discuss methods used to evaluate … its effects, describe its economic effects, and analyze if this increase in trade protectionism reverted the effects of …
Persistent link: https://www.econbiz.de/10013361989
-available trade data and the values of trade and migration elasticities. They have an intuitive interpretation in terms of underlying …
Persistent link: https://www.econbiz.de/10014322852
irrelevant, there is no need for trade agreements - free trade is the optimal policy for each country. But under even minimal … deviations from that benchmark, trade agreements matter. We focus on environments in which there are market failures, technology … domestic contracts and a key determinant of the feasibility and consequences of agreements. With endogenous technology, trade …
Persistent link: https://www.econbiz.de/10014576561
for trade policy reform. Finally, we show that generalized and trade-weighted moments are mutually proportional when the … trade expenditure function is CES …
Persistent link: https://www.econbiz.de/10012467960
This paper examines the impact of trade liberalization on U.S. Congressional elections. We find that U.S. counties … subject to greater competition from China via a change in U.S. trade policy exhibit relative increases in turnout, the share …
Persistent link: https://www.econbiz.de/10012456497
economists think about the determinants of international trade. Yet, it has had surprisingly little impact about how economists … think about trade policy. In this paper, we characterize optimal trade policy in a generalized version of the trade model … aggregate nonconvexities that dampen the incentives for terms-of-trade manipulation, and in turn, the overall level of trade …
Persistent link: https://www.econbiz.de/10012456684
starting point is key to determining how successful the GATT has been in bringing down trade barriers. If the average tariff …
Persistent link: https://www.econbiz.de/10012456889
Direct empirical evidence on whether domestic consumers or foreign exporters bear the burden of a country's import duties is scarce. This paper examines the incidence of U.S. sugar duties using a unique set of high-frequency (weekly, and sometimes daily) data on the landed and the duty-inclusive...
Persistent link: https://www.econbiz.de/10012458030
The theory of comparative advantage is at the core of neoclassical trade theory. Yet we know little about its … implications for how nations should conduct their trade policy. For example, should import sectors with weaker comparative …
Persistent link: https://www.econbiz.de/10012458973