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(in contrast to final goods trade) in transmitting the shock. In a hypothetical world without GVCs, the welfare loss due …
Persistent link: https://www.econbiz.de/10013315297
estimation approach, we find that WTO membership has promoted world trade to a larger extent than Rose's results seem to indicate. …
Persistent link: https://www.econbiz.de/10010274458
This paper characterizes analytically the optimal tariff of a large one-sector economy with monopolistic competition and firm heterogeneity in general equilibrium, thereby extending the small-country results of Demidova and Rodriguez-Clare (JIE, 2009) and the homogeneous firms framework of Gros...
Persistent link: https://www.econbiz.de/10010274758