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each 1 percentage point increase in exposure to the US tariffs was associated with a 0.59% reduction in night … grids with negligible direct exposure to the US tariffs accounted for up to 70% of China's population, we infer that the 2 … tariffs …
Persistent link: https://www.econbiz.de/10012660027
percentage points of the tariffs are explained by terms of trade considerations. Decomposing the politically-optimal tariff in …
Persistent link: https://www.econbiz.de/10012599405
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 …
Persistent link: https://www.econbiz.de/10012479717
This paper describes the updating of the NBER trade dataset, which now provides U.S. import and export values to the year 2001, disaggregated by Harmonized System (HS), Standard International Trade Classification (SITC), and the U.S. Standard Industrial Classification (SIC) categories. In...
Persistent link: https://www.econbiz.de/10012469316
) with foreign countries. The resulting trade agreements reduced U.S. tariffs and culminated in the General Agreement on … Tariffs and Trade (GATT) in 1947. Was the Great Depression responsible for bringing about this fundamental shift in U.S. trade …
Persistent link: https://www.econbiz.de/10012472933
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/10012458030
Import tariffs tend to be higher for final goods than for inputs, a phenomenon commonly referred to as tariff …-maximizing tariffs are uniform across sectors. We show that tariff escalation can be rationalized on efficiency grounds in the presence … up the chain for final-good tariffs, input tariffs may drive final-good producers to relocate abroad, mitigating their …
Persistent link: https://www.econbiz.de/10013334443
Persistent link: https://www.econbiz.de/10003500507
Were high import tariffs somehow related to the strong U.S. economic growth during the late nineteenth century? This … paper examines this frequently mentioned but controversial question and investigates the channels by which tariffs could … expansion and capital accumulation than on productivity growth; (ii) tariffs may have discouraged capital accumulation by …
Persistent link: https://www.econbiz.de/10012471128
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/10012477207