Showing 1 - 10 of 322
preference by economists for factor or product taxes and subsidies over tariffs and export subsidies may not be justified in this …
Persistent link: https://www.econbiz.de/10012760364
We investigate the effects of higher tariffs on the current account.Tariffs may increase or decrease investment … depending on the capital intensity of the sector protected. We find that ther esponse of saving to tariffs issensitive to the …), saving fallswith higher tariffs. This result may, however, be reversed in the Blanchard-Yaarj type model in which consumers …
Persistent link: https://www.econbiz.de/10012763430
negotiations over tariffs. Using 1990 trade flows and tariff outcomes from the Uruguay Round of GATT/WTO negotiations, we estimate … would result in inefficient over-liberalization of tariffs and a deterioration in world-wide welfare relative to the …
Persistent link: https://www.econbiz.de/10012928319
find that in response to the 2018 tariffs on nearly all source countries, the price of washers rose by nearly 12 percent …; the price of dryers—a complementary good not subject to tariffs—increased by an equivalent amount. Factoring in the effect … of dryers and price increases by domestic brands, our estimates for the 2018 tariffs on washers imply a tariff elasticity …
Persistent link: https://www.econbiz.de/10012871943
Direct empirical evidence on whether domestic consumers or foreign exporters bear the burden of a country's import duties is scarce. This paper examines the incidence of U.S. sugar duties using a unique set of high-frequency (weekly, and sometimes daily) data on the landed and the duty-inclusive...
Persistent link: https://www.econbiz.de/10013044624
uncertain future increases in tariffs. Second, even though the trade response can be quite large, the probability of a tariff …
Persistent link: https://www.econbiz.de/10012868197
This paper examines the optimal labor contract in a small open economy with incomplete markets under international price uncertainty. The effect on employment, wages, and profits of different realizations of the state of nature is studied and agents' preferences concerning the implementation of...
Persistent link: https://www.econbiz.de/10013124657
tariffs. Since the eruption of the debt crisis, many proposals for structural reforms in the developing countries have …
Persistent link: https://www.econbiz.de/10013138857
the Tokyo Round, later unilateral political decisions resulted in less "optimal" tariffs …
Persistent link: https://www.econbiz.de/10013322334
Trust beliefs are heterogeneous across individuals and, at the same time, persistent across generations. We investigate one mechanism yielding these dual patterns: false consensus. In the context of a trust game experiment, we show that individuals extrapolate from their own type when forming...
Persistent link: https://www.econbiz.de/10013311922