zero-sum welfare effects similar to implicit tariffs that tilt the terms of trade in favor of countries exporting high-markup …We develop a method to measure the incidence of monopolistic markup distortions in the global economy. Using semi …-parametric formulas, we measure how trade modifies the deadweight loss of markups through two channels: (1) trade-induced change in markup …

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. …

leads to higher average prices. We test the theory using detailed data for Brazilian exporters and find that the destination …

countrywide profits benefit from small import tariffs, whereas the foreign counterpart is hit, but when sectors share the same …, cross-sector protectionism generates a reduction in the foreign wage without affecting the domestic wage. Domestic … textbook version theory of the optimal tariff in partial equilibrium. Rationalization of these effects suggests a political …

of trade policy to redistribute income. But why is this redistribution typically biased in favor of import …

We explore the relationship between import protection and the household distribution of income. We first develop a … general-equilibrium mapping from tariffs to household inequality measures. This also yields predictions for linkages between … tariffs, development level, and observed household inequality. Working with a new dataset, we then examine crosscountry …

-globalised world economy. This paper examines the consequences of a tariff protected trade regime. It takes up the case of trade … without any gain through black market premium a departure from conventional theory. -- Prohibitive Tariff ; Misreporting of …