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We investigate the extent to which the effect of the 2018/2019 US import tariff hikes on US (post-tariff) import prices … that offsetting effects on the newly imposed tariffs were substantial. …
Persistent link: https://www.econbiz.de/10012792730
in a given sector is affected by past reductions in applied tariffs. Employing an identification strategy based on 'new … measures', we find evidence of a substitution of non-tariff measures for tariffs both in the sample of TBT and in the sample of …. These results are consistent with our theoretical model, which predicts policy substitution between tariffs and standards in …
Persistent link: https://www.econbiz.de/10010419803
commitments under trade agreements (multilateral and regional agreements) and applied tariffs- what is also known as tariffs … equivalent to a level of tariffs between 1.7 and 8.7 percentage points. …
Persistent link: https://www.econbiz.de/10011280009
This paper presents a new global tariff database covering tariffs at the six-digit product level for 197 importing … data and misreporting, almost doubling the number of available tariffs from 2.9 to 5.7 billion. The improvement in the data … tariffs around the world improving our understanding of how countries set tariffs substantially. …
Persistent link: https://www.econbiz.de/10012254482
Are retaliatiory tariffs politically targeted and, if so, are they effective? Do countries designing a retaliation … escalation between the US, China, the European Union (EU) and the North American Free Trade Agreement (NAFTA) countries to answer … was optimally chosen using a novel simulation approach constructing counterfactual retaliation responses. For China and …
Persistent link: https://www.econbiz.de/10011986148
We demonstrate that durable MFN tariff elimination affects trade patterns through several layers, and magnitudes of effects are sizable. The WTO Information Technology Agreement's (ITA) unique setting allows us to overcome the challenges associated with identifying effects of non-discriminatory...
Persistent link: https://www.econbiz.de/10011882479
The number of bilateral and multilateral trade agreements has surged in recent years. In order to benefit from preferential tariff rates,firms must apply and comply with rules of origin requirements. This is costly and explains why preference utilization rates (PUR) are far below 100 percent. In...
Persistent link: https://www.econbiz.de/10012317015
in import tariffs, and we apply this method to the United States. Tariff revenue is assumed to be distributed on a per …-capita basis, so states with greater production will experience a welfare gain from tariffs on those products (due to rising … states benefitted from reduced tariffs, with national welfare gains of $5.8 billion or $50 per household in 2017. These …
Persistent link: https://www.econbiz.de/10015072948
, unlike other import tariffs, AD duties are not absorbed by exporters. The results on firms' average markups also suggest that …
Persistent link: https://www.econbiz.de/10010197058
Economic theory suggests that countries’ tariff commitments in trade agreements reflect their import market power at …-Uruguay Round applied tariffs and relying on the theoretical framework of the terms-of-trade motive for trade agreements, we … average largest for China. In the past, the GATT/WTO system has updated tariff commitments through periodic rounds of …
Persistent link: https://www.econbiz.de/10014262982