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Learning by Ruling and Trade Disputes
Maggi, Giovanni - 2017
Over the WTO years, the frequency of disputes and court rulings has trended downwards. Such trends are sometimes interpreted as symptoms of a dispute resolution system in decline. In this paper we propose a theory that can explain these trends as a result of judicial learning; thus according to...
Persistent link: https://www.econbiz.de/10012948085
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Subsidy Agreements
Bagwell, Kyle; Staiger, Robert W. - 2021
International disputes over subsidies are increasingly disrupting the world trading system. The creation of the WTO was nearly prevented by disputes in the Uruguay Round of GATT negotiations over the issue of negotiating disciplines on agricultural subsidies, an issue which continues to plague...
Persistent link: https://www.econbiz.de/10013216133
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Carwars : Trying to Make Sense of U.S.-Japan Trade Frictions in the Automobile and Automobile Parts Markets
Levinsohn, James A. - 2012
This paper tries to make sense of the recent trade dispute between the U.S. and Japan in autos and auto parts. The paper argues that there are structural differences between the way that the auto industries are organized in the U.S. and Japan, and that these differences have contributed to the...
Persistent link: https://www.econbiz.de/10013102060
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Gains and Losses from Potential Bilateral Us-China Trade Retaliation
Dong, Yan - 2011
of US-China bilateral retaliation on trade flows and welfare. One is a conventional Armington trade model with five … regions, the US, China, EU, Japan and Rest of the World, and calibrated to a global 2009 micro consistent data set. The other … is a modified version of this model with monetary non neutrals and including China's trade surplus as an endogenous …
Persistent link: https://www.econbiz.de/10013120993
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The 2008 Financial Crisis and the Lack of Retaliatory Trade Intervention
Li, Chunding - 2016
The 2008 financial crisis did not precipitate global retaliatory trade intervention, in seeming contrast to the Great Depression in 1930s. This paper discusses the influence of model structure in optimal tariff (OT) calculations in explaining this puzzle. We emphasize how earlier literature...
Persistent link: https://www.econbiz.de/10013001775
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Did Trump's Trade War Impact the 2018 Election?
Blanchard, Emily J. - 2019
We find that Republican candidates lost support in the 2018 congressional election in counties more exposed to trade retaliation, but saw no commensurate electoral gains from US tariff protection. The electoral losses were driven by retaliatory tariffs on agricultural products, and were only...
Persistent link: https://www.econbiz.de/10012859688
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Anxiety or Pain? The Impact of Tariffs and Uncertainty on Chinese Firms in the Trade War
Benguria, Felipe; Choi, Jaerim; Swenson, Deborah; Xu, … - 2022
The unexpected outbreak of the U.S.-China trade war led to dramatic increases in the import and export tariffs …
Persistent link: https://www.econbiz.de/10013292579
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Rising Policy Uncertainty
Davis, Steven J. - 2019
market volatility since March 2018, when U.S.-China tensions began to escalate. Lastly, I offer remarks on the interplay …
Persistent link: https://www.econbiz.de/10012863256
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The Consumption Response to Trade Shocks : Evidence from the Us-China Trade War
Waugh, Michael - 2022
This paper provides evidence on the consumption effects of trade shocks by exploiting changes in US and Chinese trade policy between 2017 and 2018. The analysis uses a unique data set with the universe of new auto sales at the US county level, at a monthly frequency, and a simple...
Persistent link: https://www.econbiz.de/10014103831
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The Effect of the U.S.-China Trade War on U.S. Investment
Amiti, Mary; Kong, Sang Hoon; Weinstein, David E. - 2022
market data. By estimating the effect of U.S.-China tariff announcements on aggregate returns and the differential returns of … firms exposed to China, we identify their effect on treated and untreated firms. We show theoretically and empirically that …
Persistent link: https://www.econbiz.de/10013307379