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Trade Diversion and Trade Deficits : The Case of the Korea-U.S. Free Trade Agreement

Russ, Katheryn - 2019

Trade Agreement (KORUS) drew U.S. import demand away from other U.S. trading partners through the phenomenon known as trade … diversion. In the two years following the implementation of KORUS, trade diversion was particularly strong for U.S. imports of … South Korea may have increased the U.S.-South Korea bilateral trade deficit, the fact that KORUS diverted U.S. import demand …

Persistent link: https://www.econbiz.de/10012891323

Dumping and Antidumping Duties

Blonigen, Bruce A. - 2015

The majority of the world's countries have antidumping (AD) statutes in place, hundreds of AD actions occur annually across these countries, and AD criteria and procedures have been codified in the General Agreement on Tariffs and Trade and its successor, the World Trade Organization. AD's...

Persistent link: https://www.econbiz.de/10013015097

China's Import Demand for Agricultural Products : The Impact of the Phase One Trade Agreement

Feenstra, Robert C.; Hong, Chang - 2022

In December 2019, the United States and China reached a Phase One trade agreement, under which China committed to purchase more imports from the United States: $12.5 billion more agricultural imports in 2020 and $19.5 billion more in 2021, as compared to 2017. We show that the most efficient way...

Persistent link: https://www.econbiz.de/10013308202

Are Trade Agreements Good for You?

Maggi, Giovanni; Ossa, Ralph - 2021

We examine how deep agreements on domestic regulations affect welfare in a world where such agreements are influenced by producer lobbies. The answer to this question depends in a critical way on whether the agreement focuses on product standards or on production regulations. International...

Persistent link: https://www.econbiz.de/10013310679

The Trade Effects of U.S. Antidumping Actions

Prusa, Thomas J. - 2012

In this paper I present evidence on the effectiveness of AD actions. Using a data set based on the line-item tariff codes identified in the cases, I examine the trade patterns of both countries named in the petition and those countries not subject to the investigation. Several important findings...

Persistent link: https://www.econbiz.de/10013106608

Trade Diversion and the Initiation Effect : A Case Study of U.S. Trade Remedies in Agriculture

Carter, Colin A. - 2018

This paper estimates the impact of U.S. trade remedy (TR) actions on agricultural trade from 1990 to 2014. Most previous studies of the effects of TR actions have left out agricultural products. We use a four-country oligopolistic trade model to study the impact of TR duties on imports from...

Persistent link: https://www.econbiz.de/10012916175

Wage Effects of a U.S. - Mexican Free Trade Agreement

Leamer, Edward E. - 2021

This paper analyzes the extent to which education will be subsidized when the subsidy rate is determined by majority voting. The analysis takes place in a framework where education is a discrete decision and all individuals would like to obtain an education because of its effect on future...

Persistent link: https://www.econbiz.de/10013225949

Theories of Heterogeneous Firms and Trade

Redding, Stephen J. - 2010

This paper reviews the recent theoretical literature on heterogeneous firms and trade, which emphasizes firm selection into international markets and reallocations of resources across firms. We discuss the empirical challenges that motivated this research and its relationship to traditional...

Persistent link: https://www.econbiz.de/10013135411

The Dynamic Effects of Currency Union on Trade

Bergin, Paul R. - 2010

A currency union's ability to increase international trade is one of the most debated questions in international macroeconomics. This paper studies the dynamics of these trade effects. First, an empirical study of the European Monetary Union finds that the extensive margin of trade (entry of new...

Persistent link: https://www.econbiz.de/10013139286

Estimates of the Trade and Welfare Effects of NAFTA

Caliendo, Lorenzo - 2012

We build into a Ricardian model sectoral linkages, trade in intermediate goods, and sectoral heterogeneity in production to quantify the trade and welfare effects from tariff changes. We also propose a new method to estimate sectoral trade elasticities consistent with any trade model that...

Persistent link: https://www.econbiz.de/10013098477

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