Showing 1 - 10 of 2,809
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
We review theoretical and empirical work on the economic effects of the United States and China trade relations during the last decades. We first discuss the origins of the China shock, its measurement, and present methods used to study its economic effects on different outcomes. We then focus...
Persistent link: https://www.econbiz.de/10013361989
hinge on import demand and export supply elasticities, which we estimate using detailed U.S. import data from 1927-35, as … 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
preference by economists for factor or product taxes and subsidies over tariffs and export subsidies may not be justified in this …
Persistent link: https://www.econbiz.de/10012478316
uncertain future increases in tariffs. Second, even though the trade response can be quite large, the probability of a tariff …
Persistent link: https://www.econbiz.de/10012479914
) 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 … the result of World War II than the Depression blunted Republican opposition to the RTAA and ensured its post-war survival …
Persistent link: https://www.econbiz.de/10012472933
This paper uses a new dataset on the universe of Canadian imports and tariffs between 1924 and 1936, disaggregated into … tariffs which varied substantially across goods, trade partners, and time. We develop a novel method of controlling for … the impact of tariffs on trade flows. The overall impact of post-1929 tariff shifts, including the 1932 agreements, was …
Persistent link: https://www.econbiz.de/10014287339
This paper analyzes the short-run trade effects of retaliatory tariffs against agriculture and food exports from the … United States. The results indicate that these tariffs caused a substantial decline in U.S. agriculture and food exports and …
Persistent link: https://www.econbiz.de/10012481730
reports a set of world tariff facts for the 150 years between 1789 and 1938 that have not been well appreciated. First, tariff … industrially-lagging Europe, and more steeply even in Asia. Furthermore, after world tariff rates rose between 1865 and 1900, they … world tariff facts come from two sources: Stolper-Samuelson -- scarce factors should lobby for protection when exposed to …
Persistent link: https://www.econbiz.de/10012469042
This paper describes the updating of the NBER trade dataset, which now provides U.S. import and export values to the …
Persistent link: https://www.econbiz.de/10012469316