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In this paper, we analyze the trade war between two large countries when the trade policy is decided through majority voting. We show how the trade war equilibrium depends on the median voter production factor relative endowment. We compare this equilibrium to the one analyzed by Johnson where...
Persistent link: https://www.econbiz.de/10005779456
results suggest that for a 10 percentage point decline in input tariffs, firms in the state at the 75th percentile of judicial …-selection of firms into states with high judicial efficiency and an IV approach to instrument input tariffs. In addition, the …
Persistent link: https://www.econbiz.de/10010664757
Do tariffs inhibit trade flows by limiting the entry of exporters (‘firm extensive margin’) or by restricting the … in tariffs promoted during the 90s by the Uruguay Round multilateral trade agreement affected the trade margins of French …-varying tariffs as a measure of variable trade costs. Our results show that the number of firms exporting in a given sector to a given …
Persistent link: https://www.econbiz.de/10011056362
distinguish between productivity gains arising from lower tariffs on final goods relative to those on intermediate inputs. Lower … output tariffs can produce productivity gains by inducing tougher import competition whereas cheaper imported inputs can … tariffs. A 10 percentage point fall in output tariffs increases productivity by about 1%, whereas an equivalent fall in input …
Persistent link: https://www.econbiz.de/10005791433
, margin of trade between Japan and China after China's entry into the World Trade Organization in 2001. The new goods account …
Persistent link: https://www.econbiz.de/10010906889
significant gains for liberalization of trade through the World Trade Organization. It is not clear that the reported gains are at …
Persistent link: https://www.econbiz.de/10011265861
Market access liberalization has influenced product-specific growth of world exports and contributed to the shift in … the structure of world exports of manufactures towards electrical and electronic goods (including parts and components … moving to full trade liberalization would lead to an increase in the share of agricultural products in total world trade by …
Persistent link: https://www.econbiz.de/10009364788
Using the methodology developed in Kehoe and Ruhl (2013), I measure the change in the extensive, or new goods, margin of trade between Austria and the ten new entrants to the European Union in 2004. On average, the new goods account for 42% of the bilateral trade flow after enlargement. A time...
Persistent link: https://www.econbiz.de/10011111320
, margin of trade between Japan and China after China's entry into the World Trade Organization in 2001. The new goods account …
Persistent link: https://www.econbiz.de/10011111531
import tariffs and making trade free. This empirical exercise compares import tariff in pre- and post-crisis. Trade … collected from Integrated Data Base (IDB), World Trade Organization (WTO). As per the requirement of TLE, four sectors were … business community of India and the world. …
Persistent link: https://www.econbiz.de/10011138678