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showing a strong negative direct effect of US tariffs on US imports from China, but (2) do not find evidence for significant … consequence of tariff shocks. We exploit sudden policy changes in the context of the trade dispute between the US and China. Based …
Persistent link: https://www.econbiz.de/10012390489
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This paper provides an economic analysis of the trade conflict between the US and China, providing an overview of the … conflict, based both on empirics (ex post analysis) and on simulations (ex ante analysis). Bilateral tariffs have increased on … average to 17% between the US and China, and the Phase One Agreement signed in January 2020 between the two countries only …
Persistent link: https://www.econbiz.de/10012182790
We estimate the macroeconomic effects of import tariffs and trade policy uncertainty in the United States, combining … persistently, in aggregate and across sectors and space. The general equilibrium import elasticity is -0.8. Historically, NAFTA …
Persistent link: https://www.econbiz.de/10014468789
welfare changes due to WTO accession increases more than three times when China's pre-intervention tariffs are raised from …. In China, duty exemptions have been central to the process of trade reform and have led to a tremendous increase in … duty exemptions in the case of China's recent WTO accession will overstate the increase in China's trade flows by 40 …
Persistent link: https://www.econbiz.de/10012749489
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affected. One possible outcome of Brexit is a situation where WTO tariffs apply to merchandise trade between the UK and the EU … falling by 5% (Finland) to 43% (Bulgaria) taking into account the new tariffs and the elasticity of the trade response to this …
Persistent link: https://www.econbiz.de/10011565180
The present study develops an equilibrium displacement model (EDM) to evaluate the impacts of a free trade agreement (FTA) on the profits of individual farmers. The parameters representing the share of profit within revenue and the elasticity of cost with respect to quantity in the cost function...
Persistent link: https://www.econbiz.de/10011433753
large trading partners, mainly China. However very little attention has been paid to the impact of the trade war on outside … trading partners having trade relations with the US and China. This paper analyzes the impact of the tariff war on India, a … large country having significant trade ties with both the US and China, yet not directly involved in the tariff war. Using …
Persistent link: https://www.econbiz.de/10014093350
and China on exports of China and US respectively, so far. We use a CARD trade war tariffs dataset, UNCTAD TRAINS dataset …In this paper, as a unique attempt so far in the literature, we study empirically the effect of tariffs imposed by US … for tariffs data before trade war along with trade data from US Census. Using fixed effect panel data model, we find that …
Persistent link: https://www.econbiz.de/10012833184