Showing 1 - 10 of 923
data on tariffs and trade covering 130 countries. We show that regionalism has delivered limited effective liberalization …
Persistent link: https://www.econbiz.de/10012986236
Natural resources account for 20% of world trade, and dominate the exports of many countries. Policy is used to …
Persistent link: https://www.econbiz.de/10013091204
. Therefore, the current trend of reduction in tariffs on agricultural exports not only generates a positive welfare effect in the …
Persistent link: https://www.econbiz.de/10013059480
world markets. To explain higher protection in sectors where a large share is imported from these countries, we extend the …
Persistent link: https://www.econbiz.de/10013317170
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 …
Persistent link: https://www.econbiz.de/10013083872
This paper reviews the most significant recent developments in the theory of trade agreements. The paper offers an integrated approach to evaluating trade agreements, and uses the approach to present results on preferential and multilateral trade agreements. The paper identifies also several...
Persistent link: https://www.econbiz.de/10013316371
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 …
Persistent link: https://www.econbiz.de/10013055363
This article presents a Ricardian model of trade with learning-by-doing to study the effect of barriers to trade in products with low growth potential on the long-run economic growth. The model shows that, when elasticity of demand for the product with a lower learning potential is greater than...
Persistent link: https://www.econbiz.de/10012987335
This paper shows how a world price shock can increase the likelihood that democratization must be used to resolve the … threat of revolution. Initially, a ruling elite may be able to use trade policy to maintain political stability. But a world … resolve. Because the world price shock may also reduce average incomes, the model provides a way to understand why the level …
Persistent link: https://www.econbiz.de/10013315548
We demonstrate that durable MFN tariff elimination affects trade patterns through several layers, and magnitudes of effects are sizable. The WTO Information Technology Agreement's (ITA) unique setting allows us to overcome the challenges associated with identifying effects of non-discriminatory...
Persistent link: https://www.econbiz.de/10012910630