Gnutzmann-Mkrtchyan, Arevik; Hugot, Jules - 2022
This paper presents two empirical tools to quantify the impacts of tariff changes on bilateral trade and welfare. Both … trade for 5,020 products in a partial equilibrium framework. The second tool quantifies the impact on bilateral aggregate … trade in a general equilibrium setup, allowing estimates of trade reallocation and welfare changes. These tools are used to …