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Governments in more developed economies partially compensate import-competing industries when world prices fall, i.e. they lean against the wind. In less developed economies we often observe liberalization in response to the same shock. We use a political-support maximization model with revenue...
Persistent link: https://www.econbiz.de/10011577171
This paper investigates the link between published tariff rates and realized tariff rates using Indian inter-industry manufacturing sector data over three Plan periods. Understanding this link is important as economies liberalize trade and must deal with the potential revenue shortfalls: if the...
Persistent link: https://www.econbiz.de/10011576765
trade policies also play a role. For instance, tariffs on intermediate inputs are found to adversely affect trade with this … tariffs. The forward-looking analysis suggests that over the next 50 years, the geographical centre of trade will continue to …
Persistent link: https://www.econbiz.de/10010374487
trade policies also play a role. For instance, tariffs on intermediate inputs are found to adversely affect trade with this … tariffs. The forward-looking analysis suggests that over the next 50 years, the geographical centre of trade will continue to …
Persistent link: https://www.econbiz.de/10010375298
Do tariffs inhibit trade flows by limiting the entry of exporting firms ('extensive margin') or by restricting the … tariffs promoted during the 1990s by the Uruguay Round multilateral trade agreement affected the trade margins of French firms …-varying tariffs as a measure of variable trade costs. Our results show that the number of firms exporting in a given sector to a given …
Persistent link: https://www.econbiz.de/10013138601
factors have influenced the pattern of tariffs or tariff reductions since the early 1990s. One result does appear frequently … average tariffs and in the dispersion of rates, with larger proportional reductions for higher tariffs – consistent with …
Persistent link: https://www.econbiz.de/10003728341
Persistent link: https://www.econbiz.de/10013156635
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
data on tariffs and trade covering 130 countries. We show that regionalism has delivered limited effective liberalization …
Persistent link: https://www.econbiz.de/10012986236
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