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Measuring the impact of a trade dispute with a supply-side shock using a supply-driven input-output analysis : Korea-Japan dispute case
Kim, Dongseok - In: KDI-journal of economic policy 43 (2021) 1, pp. 29-52
The purpose of this paper is to measure the impact of the recent Korea-Japan trade dispute on the Korean economy using supply-driven input-output analysis. In July 2019, Japan announced the decision to tighten the export control of three materials which are indispensable in the manufacturing of...
Persistent link: https://www.econbiz.de/10012493157
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An economic analysis of the US-China trade conflict
Bekkers, Eddy; Schroeter, Sofia - 2020 - Manuscript date: 26 February 2020
This paper provides an economic analysis of the trade conflict between the US and China, providing an overview of the … average to 17% between the US and China, and the Phase One Agreement signed in January 2020 between the two countries only … and China in 2019 and is accompanied by considerable trade diversion to imports from other regions, leading to a …
Persistent link: https://www.econbiz.de/10012182790
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Input-output linkages and monopolistic competition : input distortion and optimal policies
Jung, Benjamin; Kohler, Wilhelm - 2021
In this paper, we provide a detailed analysis of a mechanism that distorts production towards too much use of primary factors like labor and too little use of intermediate inputs. The distortion results from two ingredients that are cornerstones of modern quantitative trade theory: monopolistic...
Persistent link: https://www.econbiz.de/10012607149
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Revisiting the 'Cobden-Chevalier Network' Trade and Welfare Effects
Timini, Jacopo - 2021
This study revisits the trade and welfare effects of 19th century bilateralism exploiting the latest developments in structural gravity models, including the consideration of domestic trade. Using bilateral trade data between 1855 and 1875, I show that the Cobden-Chevalier network, i.e. a system...
Persistent link: https://www.econbiz.de/10013222420
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Protectionism and Retaliation
Ciuriak, Dan - 2017
The election of Donald J. Trump as President of the United States raises a litany of questions about the future of US trade policy. Canada, along with Mexico, is particularly heavily exposed to trade with the United States and there is considerable speculation about how Canada should react if...
Persistent link: https://www.econbiz.de/10012962949
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Chapter 4. Quantitative Models of Commercial Policy
Ossa, R. - 2016
What tariffs would countries impose if they did not have to fear any retaliation? What would occur if there was a complete breakdown of trade policy cooperation? What would be the outcome if countries engaged in fully efficient trade negotiations? And what would happen to trade policy...
Persistent link: https://www.econbiz.de/10014023456
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WTO dispute settlement : an economic analysis of four EU-US mini trade wars
Breuss, Fritz - 2004
Since its inception in 1995, more than 312 disputes have been raised under the WTO Dispute Settlement System. Despite the obvious success of this system, several shortcomings call for a revision under the auspices of the Doha Development Round. With a computable general equilibrium model we...
Persistent link: https://www.econbiz.de/10011494654
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Trade Protection Along Supply Chains
Bown, Chad P.; Conconi, Paola; Erbahar, Aksel; … - 2021
During the last decades, the United States has applied increasingly high trade protection against China. We combine … investment. Our baseline estimates for 1988-2016 indicate that, due to AD protection against China, around 1.8 million US jobs …
Persistent link: https://www.econbiz.de/10013251244
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A two-step procedure for generating domestic and asymmetric international trade costs when data are scarce
Mazhikeyev, Arman - 2019
The practice of trade cost measurement faces several challenges related to data quality, methodology and theory; but the major issue is that of data scarcity. Due to these facts both domestic and asymmetric trade costs have been ignored despite being a feature of modern trade models. This paper...
Persistent link: https://www.econbiz.de/10012147217
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Trade Wars and Trade Deals : Estimated Effects Using a Multi-Sector Model
Caceres, Carlos - 2019
.S. auto tariffs. The second analyzes a ‘transactional deal' between the U.S. and China to close their bilateral deficit. The …
Persistent link: https://www.econbiz.de/10012865124