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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
The role of international trade was irreplaceable at the start of the COVID-19 pandemic crisis, especially the trade in medical supplies and food for all affected countries. Trade as a part of this crisis, certainly should not be an element of further countries' closing and new trade barriers...
Persistent link: https://www.econbiz.de/10014281859
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
On 1 January 2024, Switzerland will implement a major trade policy reform by autonomously eliminating all tariffs on … elimination of industrial tariffs will reduce the net fiscal burden on imports by around CHF 600 million per year. In addition …
Persistent link: https://www.econbiz.de/10014531060
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 study, theoretically and empirically, how countries choose intra-bloc tariffs and preferential margins when they … to a customs union (where members coordinate external tariffs). Moreover, in customs unions (but not necessarily in free …
Persistent link: https://www.econbiz.de/10012603023
This study explores tariff cooperation under a representative democracy, comparing national welfare realized in three trading regimes: most favored nation (MFN), customs union (CU), and free trade agreement (FTA). Two points are addressed: Why have FTAs increased in recent decades when...
Persistent link: https://www.econbiz.de/10012900908
Market access negotiations in merchandise trade at the multilateral level cover tariffs and non-tariff measures (NTMs …). While tariffs have been substantially reduced in earlier rounds, they remain high in certain areas and further reductions …
Persistent link: https://www.econbiz.de/10010229111
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
Persistent link: https://www.econbiz.de/10012304800