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We derive a simple equation for the welfare gains from trade when tariffs are liberalized or iceberg trade costs fall …. Covering various one-sector trade models that may or may not feature extensive margins and imperfect competition, we generalize …. We show analytically that an analysis based on iceberg costs necessarily underestimates the welfare gains from trade …
Persistent link: https://www.econbiz.de/10010344632
Recent quantitative trade models treat import tariffs as pure cost shifters so that their effects are similar to … iceberg trade costs. We introduce revenue-generating import tariffs, which act as demand shifters, into the framework of … Arkolakis, Costinot and Rodriguez-Clare (2012), and generalize their gains from trade equation. Our formula permits easy …
Persistent link: https://www.econbiz.de/10009727728
Recent quantitative trade models treat import tariffs as pure cost shifters so that their effects are similar to … iceberg trade costs. We introduce revenue-generating import tariffs, which act as demand shifters, into the framework of … Arkolakis, Costinot and Rodriguez-Clare (2012), and generalize their gains from trade equation. Our formula permits easy …
Persistent link: https://www.econbiz.de/10009724020
Recent quantitative trade models treat import tariffs as pure cost shifters so that their effects are similar to … iceberg trade costs. We introduce revenue-generating import tariffs, which act as demand shifters, into the framework of … Arkolakis, Costinot and Rodriguez-Clare (2012), and generalize their gains from trade equation. Our formula permits easy …
Persistent link: https://www.econbiz.de/10013083872
equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive database covering manufacturing trade for 186 … countries over the period 1980-2016, we find that the average impact of GATT/WTO membership on trade among member counties is … for non-member countries. We show that countries not experiencing positive trade effects from joining GATT/WTO can still …
Persistent link: https://www.econbiz.de/10012287974
Persistent link: https://www.econbiz.de/10011566049
zeigt, dass ein tiefgreifendes Handelsabkommen(Transatlantic Trade and Investment Partnership, TTIP), welches auch nicht …, which analyzes the dimensions and impact of a free trade agreement between the USA and the EU. Accordingly, a comprehensive … free trade agreement (Transatlantic Trade and Investment Partnership, TTIP) between the two regions, which includes a …
Persistent link: https://www.econbiz.de/10010511685
equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive database covering manufacturing trade for 186 … countries over the period 1980-2016, we find that the average impact of GATT/WTO membership on trade among member counties is … for non-member countries. We show that countries not experiencing positive trade effects from joining GATT/WTO can still …
Persistent link: https://www.econbiz.de/10012822504
gains from foreign trade reforms are quantitatively identical across single-sector trade models with radically different … micro-foundations. We generalize this result to domestic and multilateral trade reforms. And we extend it to cover revenue … allows deriving a structurally identical optimal tariff formula. In contrast to the case of iceberg trade costs, welfare …
Persistent link: https://www.econbiz.de/10009561593
zeigt, dass ein tiefgreifendes Handelsabkommen(Transatlantic Trade and Investment Partnership, TTIP), welches auch nicht …
Persistent link: https://www.econbiz.de/10011698416