Showing 1 - 10 of 429
This paper documents a new fact, then analyzes its causes and consequences: in most countries, import tariffs and non …, substantially accounts for this pattern. The downstream pattern can be explained by theories where industries lobby for low tariffs …
Persistent link: https://www.econbiz.de/10012481652
available and an efficiency ranking is feasible: tariffs vs. non-tariff barriers (NTBs). In our policy choice model a government … bargaining with domestic SIGs can gain by constraining tariffs through international agreements even if this leads to the use of … indicates NTBs are less efficient than the tariffs they imperfectly replace. Moreover, we find parametric and non …
Persistent link: https://www.econbiz.de/10012463994
residential electricity market, we document evidence of consumer inertia. We estimate an econometric model of retail choice to …
Persistent link: https://www.econbiz.de/10012457678
In May, 1981, a voluntary export restraint (VER) was placed on exports of automobiles from Japan to the United States. As trade policies go, this one was important. At about the same time, though to much less fanfare, international trade theorists were obtaining (then) startling results from...
Persistent link: https://www.econbiz.de/10012473642
In a standard multi-sector, heterogeneous-firm trade model the effect of tariffs on entry, especially in the presence … are a consequence of the reductions in MFN tariffs (the Uruguay Round); and that for some countries, particularly some … would gain from the elimination of tariffs have a strong rank correlation with those that gain from a negative optimal …
Persistent link: https://www.econbiz.de/10012456903
We propose and provide evidence for a new source of gains from trade: Firms invest in product differentiation to escape import competition. In the data and in the model, these investments are associated with increases in measured productivity, introduction of new goods, and shifts to...
Persistent link: https://www.econbiz.de/10012453189
In the automobile industry, as in many tradable goods markets, firms usually earn their highest market share within … their domestic market. The goal of this paper is to disentangle the supply- and demand-driven sources of the home market … advantage. While trade costs, foreign production costs, and taste heterogeneity all matter for market outcomes, we find that a …
Persistent link: https://www.econbiz.de/10012457086
This paper develops an approach to measuring the intensity of competition in international markets. The method measures the degree of 'outside' competition faced by exporters located in one source country from firms located outside the source country. We use the elasticity of price and quantity...
Persistent link: https://www.econbiz.de/10012473651
This paper studies how differences in labor market regulations shape countries' comparative advantage in the cross …
Persistent link: https://www.econbiz.de/10014437007
Regional trade agreements must specify domestic-content rules (rules of origin) that define the conditions under which a good qualifies as 'domestic' and so may be freely traded within the block. The paper analyzes such rules, focussing in particular on oligopolistic industries in which foreign...
Persistent link: https://www.econbiz.de/10012474433