Showing 1 - 10 of 72
quantification based on countries' observed degrees of openness, tariff revenues, and on the gravity elasticities of tariffs and …
Persistent link: https://www.econbiz.de/10009727728
quantification based on countries observed degrees of openness, tariff revenues, and on the gravity elasticities of tariffs and …
Persistent link: https://www.econbiz.de/10009724020
Persistent link: https://www.econbiz.de/10009691618
This paper characterizes analytically the optimal tariff of a large one-sector economy with monopolistic competition …-Clare (JIE, 2009) and the homogeneous firms framework of Gros (JIE, 1987). The optimal tariff internalizes a markup distortion …-cooperative tariff policies. These results suggest that post WWII trends have increased the relative merits of the WTO. -- optimal …
Persistent link: https://www.econbiz.de/10009130204
Would the United Kingdom really apply high EU external tariffs in the case of a hard Brexit and carry out extensive physical checks at their border? Recent developments in London call this into question. A hard-but-smart strategy would fundamentally change Britain’s position vis-àvis the EU...
Persistent link: https://www.econbiz.de/10012013888
Ein harter Brexit ist für das Vereinigte Königreich sehr viel teurer als für die EU. Mit einer "Hard-but-Smart"-Strategie dagegen würde das UK unilateral auf alle neuen Barrieren, also völlig auf Importzölle, verzichten. Damit ist der prozentuelle Wohlfahrtsverlust des UK und jener auf dem...
Persistent link: https://www.econbiz.de/10011976745
Persistent link: https://www.econbiz.de/10010379555
Trade economists traditionally study the effect of lower variable trade costs. While increasingly important politically, technical barriers to trade (TBTs) have received less attention. Viewing TBTs as fixed regulatory costs related to the entry into export markets, we use a model with...
Persistent link: https://www.econbiz.de/10003636442
Persistent link: https://www.econbiz.de/10003820615
This paper documents a robust empirical regularity: in the long-run, higher trade openness is causally associated to a lower structural rate of unemployment. We establish this fact using: (i) panel data from 20 OECD countries, (ii) cross-sectional data on a larger set of countries. The time...
Persistent link: https://www.econbiz.de/10003847129