Showing 1 - 10 of 404
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
Are retaliatiory tariffs politically targeted and, if so, are they effective? Do countries designing a retaliation … particularly, for Mexico and Canada, the chosen retaliation appears suboptimal: there exist alternative retaliation bundles that …
Persistent link: https://www.econbiz.de/10012890196
What causes U.S. trade with Mexico and Canada to continue growing faster, for up to a decade, relative to countries … delayed pass-through of tariffs into import prices could cause such prolonged differential import growth. We examine how … tariff cuts negotiated under the Canada-US Free Trade Agreement and the North American Free Trade Agreement (NAFTA) affected …
Persistent link: https://www.econbiz.de/10012871646
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
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
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
structural model of endogenous tariff evasion, one which then highlights the importance of both tariffs and border enforcement …
Persistent link: https://www.econbiz.de/10014264449
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
This paper provides an empirical analysis of the effects of new product versus process innovations on export propensity at the firm level. Product innovation is a key factor for successful market entry in models of creative destruction and Schumpeterian growth. Process innovation helps securing...
Persistent link: https://www.econbiz.de/10010264061
This paper uses a new dataset on the universe of Canadian imports and tariffs between 1924 and 1936, disaggregated into … tariffs which varied substantially across goods, trade partners, and time. We develop a novel method of controlling for … the impact of tariffs on trade flows. The overall impact of post-1929 tariff shifts, including the 1932 agreements, was …
Persistent link: https://www.econbiz.de/10014356600