Showing 1 - 10 of 128
A prominent explanation for why trade is not free is politicians' desire to protect some of their constituents at the … method implies that redistributive trade protection accounts for a significant fraction of US tariff variation and causes …
Persistent link: https://www.econbiz.de/10014421223
-available trade data and the values of trade and migration elasticities. They have an intuitive interpretation in terms of underlying …
Persistent link: https://www.econbiz.de/10014322852
We review theoretical and empirical work on the economic effects of the United States and China trade relations during … economic effects on different outcomes. We then focus on the recent U.S.-China trade war. We discuss methods used to evaluate … its effects, describe its economic effects, and analyze if this increase in trade protectionism reverted the effects of …
Persistent link: https://www.econbiz.de/10013361989
irrelevant, there is no need for trade agreements - free trade is the optimal policy for each country. But under even minimal … deviations from that benchmark, trade agreements matter. We focus on environments in which there are market failures, technology … domestic contracts and a key determinant of the feasibility and consequences of agreements. With endogenous technology, trade …
Persistent link: https://www.econbiz.de/10014576561
This paper studies two episodes where an exporting industry saw its sales plummet after importing countries banned their products to protect their citizens' health. The first case is the poisoned grapes crisis involving Chile and the United States in 1989. The second is the mad cows dispute...
Persistent link: https://www.econbiz.de/10012471848
This survey reviews the broad changes in U.S. trade policy over the course of the nation's history. Import tariffs have … been the main instrument of trade policy and have had three main purposes: to raise revenue for the government, to restrict … imports and protect domestic producers from foreign competition, and to reach reciprocity agreements that reduce trade …
Persistent link: https://www.econbiz.de/10012480200
Britain's repeal of the Corn Laws in 1846 was the signature trade policy event of the nineteenth century. This paper … income distribution, international trade and the terms of trade, and economic welfare based on a detailed input-output matrix … negligibly (0.1 percent) lower, as the static efficiency gains are offset by the adverse terms-of-trade effects of the tariff …
Persistent link: https://www.econbiz.de/10012482361
against patent-infringing imports entering the United States may be filed before the International Trade Commission (ITC) or …
Persistent link: https://www.econbiz.de/10012482711
This paper critically and selectively surveys the literature on protection for sale and discusses directions for future research in this area. It suggests that the standard approach needs to be augmented to provide more compelling tests of this model
Persistent link: https://www.econbiz.de/10012464748
A primary function of trade policy is to restrict imports to benefit the targeted domestic sector. However, a well …-established theoretical literature highlights that the form of trade policy (e.g., quotas versus tariffs) can have a significant impact on how … much trade policy affects firms' abilities to price above marginal cost (i.e., market power). The US steel industry …
Persistent link: https://www.econbiz.de/10012464973