Showing 1 - 10 of 1,254
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/10012029164
During the U.S.-China trade war, the U.S. punitive tariffs were almost entirely borne by U.S. importers. In contrast …, only 68% of China's retaliatory tariffs were paid by Chinese importers. The puzzling difference between the U.S. and China … is mainly driven by their different import structures and product heterogeneity in tariff pass-through. China mainly …
Persistent link: https://www.econbiz.de/10014293293
We build on the latest developments in the structural gravity literature to quantify the partial and general equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive database covering manufacturing trade for 186 countries over the period 1980-2016, we find that the...
Persistent link: https://www.econbiz.de/10012287974
Sanctions encompass a wide set of policy instruments restricting cross-border economic activities. In this paper, we study how different types of sanctions affect the export behaviour of firms to the targeted countries. We combine Danish register data, including information on...
Persistent link: https://www.econbiz.de/10013453715
non-cooperative policies within a single framework. First, we compare the elasticity of trade flows to import tariffs and … in import tariffs by 1 percentage point reduces imports by around 1.4 percent. Hence the two instruments are not …
Persistent link: https://www.econbiz.de/10011864529
tariffs on agricultural products, and were only partially mitigated by the US agricultural subsidies announced in summer 2018 …
Persistent link: https://www.econbiz.de/10012293757
Are retaliatiory tariffs politically targeted and, if so, are they effective? Do countries designing a retaliation … escalation between the US, China, the European Union (EU) and the North American Free Trade Agreement (NAFTA) countries to answer … was optimally chosen using a novel simulation approach constructing counterfactual retaliation responses. For China and …
Persistent link: https://www.econbiz.de/10011986148
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/10011882479
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/10013362367
structural model of endogenous tariff evasion, one which then highlights the importance of both tariffs and border enforcement …
Persistent link: https://www.econbiz.de/10013473258