Showing 1 - 10 of 171
This paper studies the interplay between the wage gap and government spending in a small open economy facing a shock in trade policy. We consider a specific factor model with an export sector, which uses skilled labour, and an import-competing sector, which uses unskilled labour. We find the...
Persistent link: https://www.econbiz.de/10012861427
card platforms, adopt multi-part tariffs. We show that ad valorem taxes can correct underprovision and hence increase … result in different settings, including vertically interlinked markets, markets where firms adopt menus of tariffs to screen … consumers and where they compete with multi-part tariffs. Our results suggest that exempting these markets from taxation may be …
Persistent link: https://www.econbiz.de/10012847376
delayed pass-through of tariffs into import prices could cause such prolonged differential import growth. We examine how …
Persistent link: https://www.econbiz.de/10012871646
President Bush imposed safeguard tariffs on steel in early 2002. Using US input-output tables and a generalized … difference-in-difference methodology, we analyze the local labor market employment effects of these tariffs depending on the … local labor market’s reliance on steel as an input and as part of local production. We find the tariffs did not boost local …
Persistent link: https://www.econbiz.de/10014077197
We study, theoretically and empirically, how countries choose intra-bloc tariffs and preferential margins when they … to a customs union (where members coordinate external tariffs). Moreover, in customs unions (but not necessarily in free …
Persistent link: https://www.econbiz.de/10013215677
We show that multilateral tariff binding liberalization substantially impacts the nature and extent of Preferential Trade Agreement (PTA) formation. First, it shapes the nature of forces constraining expansion of Free Trade Agreements (FTAs). The constraining force is a free riding incentive of...
Persistent link: https://www.econbiz.de/10012866805
country and the (developed) rest of the world. Despite labour being the only factor of production in this model, tariffs (in …-voter's preferred reliance on tariffs versus income taxes in order to effect the desired redistribution. Using data from 44 countries we …
Persistent link: https://www.econbiz.de/10010261183
Where does the balance of power lie in a policy - making institution with an external agenda setter, legislators, and lobbies? In a multiple round majority rule game with sophisticated actors, we show that the agenda setter obtains its most preferred policy outcome even if all lobbies and...
Persistent link: https://www.econbiz.de/10013316770
retaliate by increasing their tariffs on imports from the United States. Using a new quarterly dataset on bilateral trade for 99 …
Persistent link: https://www.econbiz.de/10013236195
We challenge the common practice of estimating gravity equations with time-interval data in order to capture dynamic-adjustment effects to trade-policy changes. Instead, we point to a series of advantages of using consecutive-year data recognizing dynamic-adjustment effects. Our analysis reveals...
Persistent link: https://www.econbiz.de/10012822506