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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
Import tariffs tend to be higher for final goods than for inputs, a phenomenon commonly referred to as tariff …-maximizing tariffs are uniform across sectors. We show that tariff escalation can be rationalized on efficiency grounds in the presence … up the chain for final-good tariffs, input tariffs may drive final-good producers to relocate abroad, mitigating their …
Persistent link: https://www.econbiz.de/10013334443
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
an increase in Brazilian sugar exports in the absence of SSG tariffs was calculated and also the overall impact on … raw sugar in EU and 30% for white sugar in US in years 1999 and 2002, which the additional tariffs were highest. In period … tariffs applied by EU were always higher than those applied by US. We estimated that the impact of the value of sugar that was …
Persistent link: https://www.econbiz.de/10011485200
of a Linear Almost Ideal Demand System introduce the price of import competing goods as a proxy for the average tariff in … tariffs. …
Persistent link: https://www.econbiz.de/10014503286
stock of existing transatlantic retaliatory tariffs and examines three different motives that explain how products are … evaluation of EU tariffs implemented in response to U.S. steel and aluminum tariffs: within one year, imports of treated products …
Persistent link: https://www.econbiz.de/10012213902
We investigate the extent to which the effect of the 2018/2019 US import tariff hikes on US (post-tariff) import prices … that offsetting effects on the newly imposed tariffs were substantial. …
Persistent link: https://www.econbiz.de/10012792730
We review theoretical and empirical work on the economic effects of the United States and China trade relations during the last decades. We first discuss the origins of the China shock, its measurement, and present methods used to study its economic effects on different outcomes. We then focus...
Persistent link: https://www.econbiz.de/10013361989
foreign status quo tariffs are low, and in the absence of transfers, the protectionist agenda-setter will offer high tariffs … Restriction" after the Civil War. When the status quo trade policy is high unilateral (and foreign) tariffs, e.g., U.S. 1860 … exporter of capital-intensive manufactures is not sufficient to explain the unilateral imposition of tariffs by the U …
Persistent link: https://www.econbiz.de/10013291080