Showing 1 - 10 of 2,642
This paper explores the potential impacts on both China and other major countries of possible mega trade deals. These …-participation countries will lose. If non-tariff barriers are reduced more, the impacts will be larger. All effects to China on welfare, trade …, export and import are positive. Comparatively China-TPP and RCEP will yield the highest welfare outcomes for the US in our …
Persistent link: https://www.econbiz.de/10012458242
We study empirically and theoretically the dynamic effects of the unilateral reduction in import tariffs undertaken by Colombia from 1989-1993, with a particular emphasis on the transition and including any anticipation effects. We develop an asymmetric two-country, multi-sector heterogeneous...
Persistent link: https://www.econbiz.de/10014322766
Tariffs on agricultural products fell sharply in China both prior to, and as a consequence of, China's accession to the … WTO. The paper examines the nature of agricultural trade reform in China since 1981, and finds that protection was quite …
Persistent link: https://www.econbiz.de/10012464695
our theoretical results to China's 2001 WTO accession, we find that China's tariff reductions exceeded reciprocity norms …, increasing real incomes but amplifying the manufacturing employment dislocation - the China Shock - in the United States and …
Persistent link: https://www.econbiz.de/10015056161
How much has the US-China tariff war impacted economic outcomes in China? We address this question using high … grids with negligible direct exposure to the US tariffs accounted for up to 70% of China's population, we infer that the 2 … (manufacturing employment) relative to unaffected grids. By contrast, we do not find significant effects from China's retaliatory …
Persistent link: https://www.econbiz.de/10012660027
We evaluate the aggregate effects of changes in trade barriers when these changes can be implemented slowly over time and trade responds gradually to changes in trade barriers because firm-level trade costs make exporting a dynamic decision. Our model shows how expectations of changes in trade...
Persistent link: https://www.econbiz.de/10012585388
We study the effects of domestic trade liberalization on labor markets in Botswana. South Africa is the dominant member of the Southern Africa Customs Union. As such, when South Africa liberalized trade in the 1990s, this induced large and plausibly exogenous tariff reductions for the other...
Persistent link: https://www.econbiz.de/10012480271
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/10012462095
Three sources of gains from trade under monopolistic competition are: (i) new import varieties available to consumers; (ii) enhanced efficiency as more productive firms begin exporting and less productive firms exit; (iii) reduced markups charged by firms due to import competition. The first...
Persistent link: https://www.econbiz.de/10012463056
This paper develops a new framework for examining the distributional consequences of trade liberalization that is consistent with increasing inequality in every country, growth in residual wage inequality, rising unemployment, and reallocation within and between industries. While the opening of...
Persistent link: https://www.econbiz.de/10012464169