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product-level tariff pass-through and show that a higher ratio of import demand elasticity over export supply elasticity leads …During the U.S.-China trade war, the U.S. punitive tariffs were almost entirely borne by U.S. importers. In contrast …, only 68% of China's retaliatory tariffs were paid by Chinese importers. The puzzling difference between the U.S. and China …
Persistent link: https://www.econbiz.de/10014377471
-intensive manufacturing industries. The nature of the impact of the heightened Chinese import tariffs on GVC firms' sourcing suggests a rise …-destination pairs, we show that increased Chinese import protection in the US has a significant positive impact on Mexican firms' trade … product offerings of Mexican GVC firms in response to the heightened Chinese import protection in the US, suggesting increased …
Persistent link: https://www.econbiz.de/10014377612
until May 2019, we employ a difference-in-differences estimation framework. Doing so, we (1) can confirm previous findings … showing a strong negative direct effect of US tariffs on US imports from China, but (2) do not find evidence for significant …
Persistent link: https://www.econbiz.de/10012422165
Trade costs such as applied tariffs, transportation and insurance costs are amplified as they pass through the multiple …
Persistent link: https://www.econbiz.de/10011602885
A decade has passed since the onset of the global financial crisis in 2008. Less than a month after the collapse of the investment bank Lehman Brothers, an internal Secretariat Task Force was established by the WTO Director-General to monitor the trade related developments associated with the...
Persistent link: https://www.econbiz.de/10011853331
A little over a decade has passed since the onset of the global financial crisis in 2008. Shortly after the collapse of the Lehman Brothers investment bank, an internal Secretariat Task Force was established by the WTO Director-General to monitor the trade-related developments associated with...
Persistent link: https://www.econbiz.de/10012178973
This paper reviews the main developments of trade and related policies and measures in the Asia and Pacific region during the 30 years since establishment, in 1989, of the Trade Policy Review Mechanism (TPRM). The objectives of the TPRM include facilitating the smooth functioning of the...
Persistent link: https://www.econbiz.de/10012201828
This paper explores an under-researched margin of firms' export adjustments in response to negative trade policy shocks: export reallocation across markets. Using detailed Chinese customs data spanning from 2000 to 2015 and a difference-in-differences approach, we compare export dynamics between...
Persistent link: https://www.econbiz.de/10014469654
Many studies use tariffs to measure changes in trade policy. This paper shows that standard sources for tariffs suffer … from substantial measurement error due to misreporting and the resulting false imputation: Countries fail to report tariffs … every year and missing data are more prevalent for preferential than for most favored nation (MFN) tariffs. WITS, the main …
Persistent link: https://www.econbiz.de/10014467830
The trade war initiated by the Trump administration is the largest since the US imposed the Smoot-Hawley tariffs in the …. Our results highlight the political salience of the trade war: US trade war tariffs boosted Trump’s support but foreign … retaliation hurt Trump. In particular, the pro-Trump effects of US trade war tariffs were crucial for Trump crossing the recount …
Persistent link: https://www.econbiz.de/10013266634