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Historically, tariffs have been an attractive policy tool to protect domestic industries. The benefits of such a policy are based on theoretical models that assume foreign manufacturers sell directly to consumers. However, recent empirical evidence suggests that wholesalers and retailers play an...
Persistent link: https://www.econbiz.de/10010338661
With his announcement to pull the US out of the Paris Agreement US President Donald Trump has snubbed the international climate policy community. Key remaining parties to the Agreement such as Europe and China might call for carbon tariffs on US imports as sanctioning instrument to coerce US...
Persistent link: https://www.econbiz.de/10011665785
In this paper we examine the empirical relevance of three prominent endogenous protection models. Is protection for sale, or do altruistic policy makers worry about political support? We find strong evidence that protection is indeed for sale. The important new result is, however, that not only...
Persistent link: https://www.econbiz.de/10011397792
just signaling for active involvement in lobbying action, since we find evidence that actual meeting attendance has a …
Persistent link: https://www.econbiz.de/10010361404
up with two rationales that help to understand why countries nevertheless consider protectionism to be a good response to … a recession: (i) the lobbying of domestic, non-exporting firms, and (ii) the relationship between vulnerability, the … degree of openness and loss aversion of consumers. -- protectionism ; trade liberalization ; short term shocks …
Persistent link: https://www.econbiz.de/10008697408
We analyze a two country-two good model of international trade in which citizens in each country differ by their specific factor endowments. The trade policy in each country is set by the politician who has been elected by the citizens in a previous stage. Due to a delegation effect citizens...
Persistent link: https://www.econbiz.de/10011398023
The United States introduced Federal Trade Adjustment Assistance (TAA) as part of the 1962 Trade Expansion Act to dampen the adverse impact of increased trade on workers. Applications to receive TAA require approval from the Department of Labor. Guided by the technical criteria used by the U.S....
Persistent link: https://www.econbiz.de/10011414675
Are product standards protectionism in disguise? This paper estimates the costs of non-compliance with US product … does not prove) the existence of counter-cyclical, hidden protectionism due to non-tariff barriers to trade in the United …
Persistent link: https://www.econbiz.de/10010467851
We study, theoretically and empirically, how countries choose intra-bloc tariffs and preferential margins when they form Preferential Trade Agreements (PTAs). Our model indicates that countries should set systematically lower preferential margins when the bloc takes the form of a free trade area...
Persistent link: https://www.econbiz.de/10012603023
We study commodity taxation in markets where firms, such as Internet Service Providers, energy suppliers and payment card platforms, adopt multi-part tariffs. We show that ad valorem taxes can correct underprovision and hence increase welfare, provided the government applies differentiated tax...
Persistent link: https://www.econbiz.de/10012104072