Showing 1 - 10 of 5,365
Persistent link: https://www.econbiz.de/10009667311
We show that multilateral tariff binding liberalization substantially impacts the nature and extent of Preferential Trade Agreement (PTA) formation. First, it shapes the nature of forces constraining expansion of Free Trade Agreements (FTAs). The constraining force is a free riding incentive of...
Persistent link: https://www.econbiz.de/10012029164
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
During the U.S.-China trade war, the U.S. punitive tariffs were almost entirely borne by U.S. importers. In contrast …, only 68% of China's retaliatory tariffs were paid by Chinese importers. The puzzling difference between the U.S. and China … is mainly driven by their different import structures and product heterogeneity in tariff pass-through. China mainly …
Persistent link: https://www.econbiz.de/10014293293
This paper provides an economic analysis of the trade conflict between the US and China, providing an overview of the … conflict, based both on empirics (ex post analysis) and on simulations (ex ante analysis). Bilateral tariffs have increased on … average to 17% between the US and China, and the Phase One Agreement signed in January 2020 between the two countries only …
Persistent link: https://www.econbiz.de/10012182790
tariffs in the range of 14 percent for the U.S. to 43 percent for China, and tend to increase unemployment and income …-generating tariffs to study the aggregate and distributional consequences of tariff wars in a unified framework. Motivated by the 2018 …, China and the Rest of the World. If governments maximize aggregate welfare, the average optimal tariff and the average Nash …
Persistent link: https://www.econbiz.de/10013239625
interventions are import tariffs and production subsidies, both of which are, in general, costly. Tariffs on foreign producers … years, has relied on both import tariffs and production subsidies to support the domestic solar module manufacturing … costs associated with production subsidies and much larger costs associated with import tariffs. Specifically, in our main …
Persistent link: https://www.econbiz.de/10013309725
, unlike other import tariffs, AD duties are not absorbed by exporters. The results on firms' average markups also suggest that …
Persistent link: https://www.econbiz.de/10010197058
. We calibrate such a model to China’s trade with the rest of the world and explore two country tariff games using 2005 …
Persistent link: https://www.econbiz.de/10003806727
Modern regional trade agreements focus on promoting bilateral exchange mostly by lowering non-tariff barriers to trade. But do existing regional trade agreements actually deliver what they promise? This paper argues that existing results in the literature are upward biased because of measurement...
Persistent link: https://www.econbiz.de/10014487341