Showing 1 - 10 of 4,166
This paper shows that governments have no incentive to introduce non-tariff barriers when they are free to set tariffs … but they do when tariffs are determined cooperatively. We then show three results. First, with trade liberalization, there … is a progression from u sing tariffs only to quotas, and to antidumping constraints (when quotas are jointly eliminated …
Persistent link: https://www.econbiz.de/10009781528
location patterns of multinational firms has actually taken place. To do so, we exploit the changes in U.S. import tariffs in … 2018-2019. The evidence indicates that firms have indeed responded to these new tariffs by adjusting the extensive margin …
Persistent link: https://www.econbiz.de/10015134065
iceberg trade costs. We introduce revenue-generating import tariffs, which act as demand shifters, into the framework of …Recent quantitative trade models treat import tariffs as pure cost shifters so that their effects are similar to … quantification based on countries observed degrees of openness, tariff revenues, and on the gravity elasticities of tariffs and …
Persistent link: https://www.econbiz.de/10009724020
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 …
Persistent link: https://www.econbiz.de/10003910492
We explore how outcomes of trade policy retaliation (Nash tariff games) are affected when trade simultaneously takes places geographically across countries and through time via financial intermediation. In such models deficits and surpluses in goods trade are endogenously determined, and...
Persistent link: https://www.econbiz.de/10003806727
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
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
This paper presents a new methodology to detect corruption in customs and applies it to Madagascar’s main port. Manipulation of assignment of import declarations to inspectors is identified by measuring deviations from random assignment prescribed by official rules. Deviant declarations are...
Persistent link: https://www.econbiz.de/10012797667
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
-country, dynamic general equilibrium model with financial frictions, climate policies, including carbon tariffs, and macroprudential … back. We also examine more ambitious climate architectures involving carbon tariffs or a global carbon price. We find that …
Persistent link: https://www.econbiz.de/10014444903