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Many studies use tariffs to measure changes in trade policy. This paper shows that standard sources for tariffs suffer … from substantial measurement error due to misreporting and the resulting false imputation: Countries fail to report tariffs … every year and missing data are more prevalent for preferential than for most favored nation (MFN) tariffs. WITS, the main …
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to the elimination of tariffs and cuts in non-tariff measures by 25%, is in the range of 1% to 4% of initial consumption …
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Was the collapse of world trade between 1928 and 1937 caused by higher transport costs, increased protectionism or the collapse of the gold standard? Using recent advances in the estimation of gravity equations, I examine the partial and general equilibrium effects of bilateral distance,...
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negative direct effect of US tariffs on US imports from China, but (2) do not find evidence for significant short-run trade …
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