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negotiations? And what would happen to trade policy cooperation if the world trading system had a different institutional design …
Persistent link: https://www.econbiz.de/10012456612
The primary motivation behind quantitative modeling in international trade and many other fields is to shed light on the economic consequences of policy changes. To help assess and potentially strengthen the credibility of such quantitative predictions we introduce an IV-based goodness-of-fit...
Persistent link: https://www.econbiz.de/10014322709
-based measures. Examples from countries around the world illustrate the role of political and policy developments as drivers of … market volatility since March 2018, when U.S.-China tensions began to escalate. Lastly, I offer remarks on the interplay …
Persistent link: https://www.econbiz.de/10012480187
the US, China, and rest of world. On average, countries decreased exports to China and increased exports to the US and … rest of world. Most countries export products that complement the US and substitute China, and a subset operate along …We study global trade responses to the US-China trade war. We estimate the tariff impacts on product-level exports to …
Persistent link: https://www.econbiz.de/10012794590
This paper examines how the prospect of foreign retaliation affects the antidumping (AD) process in the United States. We separate the capacity for retaliation into two channels: (i) the capacity for foreign government retaliation under the dispute settlement procedures of the GATT/WTO system,...
Persistent link: https://www.econbiz.de/10012470140
For most of the post WWII period, until recently, trade protectionism followed a downward trend, and was formulated in multilateral or bilateral agreements between countries. Recently however, there hasbeen a sharp shift towards unilateral, discretionary trade policy focused on short term...
Persistent link: https://www.econbiz.de/10012481315
Over the WTO years, the frequency of disputes and court rulings has trended downwards. Such trends are sometimes interpreted as symptoms of a dispute resolution system in decline. In this paper we propose a theory that can explain these trends as a result of judicial learning; thus according to...
Persistent link: https://www.econbiz.de/10012453937
International disputes over subsidies are increasingly disrupting the world trading system. The creation of the WTO was …
Persistent link: https://www.econbiz.de/10012468402
We document the outbreak of a trade war after the U.S. adopted the Smoot-Hawley tariff in June 1930. U.S. trade partners initially protested the possible implementation of the sweeping tariff legislation, with many eventually choosing to retaliate by increasing their tariffs on imports from the...
Persistent link: https://www.econbiz.de/10012496170
competition from low-wage countries, especially China, laid the groundwork, but was not the catalyst for the reversal in attitudes … policy, export restrictions in particular, to halt China's technological development. The future of globalization is highly …
Persistent link: https://www.econbiz.de/10014250133