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This paper empirically investigates the impact of tariffs when production is organized in global value chains. Using … tariffs at different stages of the production chain for a broad set of countries and industries. Our results suggest that … tariffs have significant effects on economic outcomes, including on countries and sectors not directly targeted. We find that …
Persistent link: https://www.econbiz.de/10013295005
economies within global production networks, attempt to impose punitive tariffs on China is bound to face formidable opposition …This paper examines China's evolving role in global production networks and its implications for assessing the … structural phenomenon driven by the pivotal role played by China within East Asia cantered production networks. The global …
Persistent link: https://www.econbiz.de/10011660932
For a long time globalization could be seen everywhere but in gravity estimates. We offer evidence how globalization affects manufacturing trade over the period 1986-2006 and show that, on average, the effect of distance has fallen whereas the effects of proximity and regional trade agreements...
Persistent link: https://www.econbiz.de/10012963770
We propose a short-run theory of the extensive margins of trade, comprising the standard international extensive margin and a novel domestic extensive margin. The domestic extensive margin allows identification of globalization and specific policy effects not properly identified in previous...
Persistent link: https://www.econbiz.de/10013285497
In this paper we document Canada's trade policy response to late-nineteenth- and earlytwentieth-century globalization. We link newly digitized annual product-specific data on the value of Canadian imports and duties paid from 1870-1913 to establishment-specific production and location...
Persistent link: https://www.econbiz.de/10011895083
environments. Besides traditional tariffs, exporting firms need to comply with regulatory non-tariff measures (NTMs) in the form of … challenge to MNEs' subsidiaries' activity and performance than tariffs do. High-tech manufacturing subsidiaries of foreign MNEs …
Persistent link: https://www.econbiz.de/10014450560
The United Kingdom has opted to leave the European Union. The trade and welfare consequences of this decision are large; most studies predict a trade and welfare loss for both the UK and the EU. The UK parliament has indicated that it aims for new and ambitious trade agreements following Brexit,...
Persistent link: https://www.econbiz.de/10012955285
We investigate the role of global value chains in the declines of manufacturing employment and output in the U.S. during COVID-19. Specifically, we identify the role of global value chains by exploiting heterogeneity across industries in cross-country sourcing patterns and its interaction with...
Persistent link: https://www.econbiz.de/10013219613
The import content of exports (ICE) is defined as the amount of foreign input embodied in one unit of export, and it …
Persistent link: https://www.econbiz.de/10013211672
The import content of exports (ICE) is defined as the amount of foreign input embodied in one unit of export, and it …
Persistent link: https://www.econbiz.de/10012643486