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Intro -- Contents -- I. INTRODUCTION -- II. BACKGROUND -- III. OVERVIEW OF THE LITERATURE -- IV. SIMULATION OF THE FISCAL REVENUE IMPACT OF TARIFF LIBERALIZATION -- V. SUMMARY AND POLICY RECOMMENDATIONS -- REFERENCES.
Persistent link: https://www.econbiz.de/10012691190
We estimate the macroeconomic effects of import tariffs and trade policy uncertainty in the United States, combining …
Persistent link: https://www.econbiz.de/10015058747
Economic theory suggests that countries' tariff commitments in trade agreements reflect their import market power at … the time of negotiations. However, as countries grow, their market power in different sectors can change in unforeseen …-Uruguay Round applied tariffs and relying on the theoretical framework of the terms-of-trade motive for trade agreements, we …
Persistent link: https://www.econbiz.de/10015060015
Using two recently constructed measures of trade liberalization dates, this research studies the impact of trade liberalization on imports, exports, and overall trade balance for a large sample of developing countries. We find strong and consistent evidence that trade liberalization leads to...
Persistent link: https://www.econbiz.de/10005248278
This paper provides a framework for understanding trade patterns in the Mashreq. An augmented gravity model is used to compare actual with expected levels of trade. Trade barriers, political uncertainty, and over-appreciation of domestic currencies seem to explain low levels of international...
Persistent link: https://www.econbiz.de/10005263698
Based on stylized evidence showing variation of the Gini coefficient of income inequality across skill cohorts and on the rapid rise in trade in technology-intensive goods, the ripple effects of technology transmission and income inequality are explored in a global Computable General Equilibrium...
Persistent link: https://www.econbiz.de/10005264015
to establish a causal link between variations in inter-industry and intertemporal tariffs and consistently estimated firm …
Persistent link: https://www.econbiz.de/10005825835
Although theory suggests that the real exchange rate should depreciate after a credible trade liberalization but could appreciate temporarily with a noncredible one, little empirical evidence exists. Unlike existing studies that use either indirect tests or unreliable openness measures, this...
Persistent link: https://www.econbiz.de/10005769042
This paper examines the dynamic relationship between trade and income. While most economists agree that increased trade leads to an increase in average income, economic theory is ambiguous about the possible effects on the long-run growth rate of the economy. Using a dynamic panel data model,...
Persistent link: https://www.econbiz.de/10005769087
This paper examines the impact of exchange rate regimes on bilateral trade while differentiating the effects of "words" and "deeds". Our findings-based on an extended database for de jure and de facto exchange rate classifications-show that while fixed exchange rate regimes increase trade, there...
Persistent link: https://www.econbiz.de/10008519513