Recent quantitative trade models treat import tariffs as pure cost shifters so that their effects are similar to … iceberg trade costs. We introduce revenue-generating import tariffs, which act as demand shifters, into the framework of … quantification based on countries' observed degrees of openness, tariff revenues, and on the gravity elasticities of tariffs and …

and tariffs on factor markets, we find an efficiency gain, which is unevenly distributed. Existing generations benefit …

political debate about unilateral climate policies. Tariffs on the carbon embodied in imported goods from countries without … introduction of carbon tariffs can do more harm than good to domestic EITE industries. Two determinants drive the sign and … imported in intermediate inputs, industries might suffer from carbon tariffs. Secondly, the share of domestic output that is …

Carbon tariffs are one prominently discussed climate policy. The proponents stress the carbon tariffs' ability to … restore competitiveness, avoid carbon leakage, and reduce world carbon emissions. We analyze the effects of carbon tariffs on … trade, welfare, and carbon emissions in a structural gravity model. We find that the introduction of carbon tariffs reduces …

When Vietnam entered WTO in 2007 it was granted an accession period up to 2014. During this period tariffs would have …

WTO negotiations deal predominantly with bound - besides applied - tariff rates. But, how can reductions in tariffs … from the real options literature; doing so we highlight the important role of bound tariffs at the extensive margin of … trade. We find that bound tariffs are more effective with higher risk destination markets, that a large binding overhang may …

data on tariffs and trade covering 130 countries. We show that regionalism has delivered limited effective liberalization …