In this paper we demonstrate the importance of distinguishing capital goods tariffs from other tariffs. Using exposure … reduction in intermediate and consumption input or output tariffs do not significantly increase their investment rates. However …, firms' investment rate increase strongly in response to a reduction in capital goods input tariffs. Firms do not substitute …

of an agreement, which cuts tariffs by one percentage point, is 0.5% to 2% of consumption, much larger than in trade …

of low- and middle-income countries. The study applies a linear optimization framework to data for bound tariffs, applied … tariffs, and imports at the HS-6 digit level for 58 developing countries, and simulates results for different sets of import …

-CARICOM countries against time and commodity-level variation in external tariffs. I find that in each country the reduction of the …