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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 … is mainly driven by their different import structures and product heterogeneity in tariff pass-through. China mainly …
Persistent link: https://www.econbiz.de/10014293293
Sanctions encompass a wide set of policy instruments restricting cross-border economic activities. In this paper, we study how different types of sanctions affect the export behaviour of firms to the targeted countries. We combine Danish register data, including information on...
Persistent link: https://www.econbiz.de/10013453715
The WTO's plurilateral Information Technology Agreement (ITA) reduced tariffs to zero on many IT products. This paper … time in trade literatures. Inserting tariffs directly into the gravity equation breaks the ITAs impact down into four … layers. Import demand elasticities are found to be non-linear: Tariff reduction (layer 1) has relatively small impacts, while …
Persistent link: https://www.econbiz.de/10010482005
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/10014492124
Persistent link: https://www.econbiz.de/10001460938
The Millennium Round of MTNs, which was stillborn in Seattle, was supposed to have initiated wide-sweeping changes to the world's trading system. This paper deals with the impact on the German economy of some changes that might have been forthcoming from proposed liberalization strategies. It...
Persistent link: https://www.econbiz.de/10011472473
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
Timely deliveries have become more important in international trade in the recent decades, mostly because of the spread of international production fragmentation. This paper provides empirical evidence on the cost of time in trade by looking at how faster trade within the European Union (EU)...
Persistent link: https://www.econbiz.de/10009567659
This paper on Trade Agreements within SSA, is an assessment of the ex post bilateral trade effect of the European Union-African Caribbean Pacific Preferential Trade Agreement (EU-ACP PTA) and sub-regional regional trade agreements (RTAs) on bilateral trade involving SSA countries. The main...
Persistent link: https://www.econbiz.de/10009614336
This paper contributes to two strands of literature on empirical models of trade flows and trade policy. The first and the older strand is that of gravity models of bilateral trade flows going back to Hans Linneman (1966) and Tinbergen (1962) and its recent applications, particularly by Adams et...
Persistent link: https://www.econbiz.de/10003817270