Showing 1 - 10 of 5,406
This paper investigates the international spillover effects of U.S. trade protection. Using micro-level data on anti …-dumping, countervailing duties, and safeguards, I develop a new measure of U.S. trade policy announcement shocks for the period 1988-2015 that … is free of confounding factors. Estimates using the new measure indicate that announced, but not yet imposed, U.S. trade …
Persistent link: https://www.econbiz.de/10012292235
Persistent link: https://www.econbiz.de/10013546173
The authors provide empirical evidence on the dynamic effects of tax liability changes in the United States. We distinguish between surprise and anticipated tax changes using a timing convention. We document that pre-announced but not yet implemented tax cuts give rise to contractions in output,...
Persistent link: https://www.econbiz.de/10011506701
The authors provide empirical evidence on the dynamic effects of tax liability changes in the United States. We distinguish between surprise and anticipated tax changes using a timing convention. We document that pre-announced but not yet implemented tax cuts give rise to contractions in output,...
Persistent link: https://www.econbiz.de/10011597053
This paper presents a new measure of aggregate trade restrictions (MATR) using data from the International Monetary … of trade restrictiveness but is more comprehensive in terms of country and time coverage. It is available for an … unbalanced sample of up to 157 countries during 1949-2019. We use MATR to re-examine how trade restrictiveness varies with the …
Persistent link: https://www.econbiz.de/10014316167
, inter alia, by the IMF (2016) and by us (2017), with a view to explaining the "missing" trade flows unpredicted by GDP …-based import models during the trade collapse of 2009 and subsequent recovery from it. At the time, it appeared that the …/global imports, over entire economy cycles (a phase of trade expansion, a sudden collapse and a recovery). Moreover, by weighting …
Persistent link: https://www.econbiz.de/10013198184
integrate in world trade. The paper uses a combination of techniques, from an analysis of disaggregated trade flows by country … and sectors, to the calculation of trade intensity indices by country and sector, and value-added trade by sector. It … finds combined evidence of forward and backward trade increasing between several neighbouring Asian economies and China, in …
Persistent link: https://www.econbiz.de/10011812014
integrate in world trade. The paper uses a combination of techniques, from an analysis of disaggregated trade flows by country … and sectors, to the calculation of trade intensity indices by country and sector, and value-added trade by sector. It … finds combined evidence of forward and backward trade increasing between several neighbouring Asian economies and China, in …
Persistent link: https://www.econbiz.de/10011891772
remaining share of the global trade slowdown, not explained by demand factors. Protectionism does not come up as statistically …Since the recovery from the great financial crisis in 2010, global real trade flows grew much slower than pre …) A debate has arisen as to whether this global trade slowdown, and related falling trade-to-income elasticity, was …
Persistent link: https://www.econbiz.de/10011635156
Growth and business cycles have a long tradition of being studied separately. However, events such as the Great Recession raise concerns that severe downturns may have detrimental implications for growth. If so, what policies may help alleviate such long-lasting effects of large recessions? To...
Persistent link: https://www.econbiz.de/10012594034