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was offset by the concurrent appreciation of the US dollar and trace the source of the appreciation back to US trade … policy itself. The dollar response to trade policy uncertainty (TPU) is key to assessing the overall impact of trade policies … featuring financial frictions, which accounts for uncertainty regarding future trade policy. In the model, an increase in TPU …
Persistent link: https://www.econbiz.de/10012792730
Persistent link: https://www.econbiz.de/10012014956
Persistent link: https://www.econbiz.de/10012016352
free trade oriented package due to her integration into the European community. The importance of the European economic and … investigates how this finding fits into the literature of the political economy of trade policy and how it can be incorporated into …
Persistent link: https://www.econbiz.de/10010275152
The paper is intended to provide information on the trade war between China and the USA. It analyses the consequences … of the trade dispute, discusses the impact on an Austrian company in the steel sector, gives an overview of possible … strategies with which companies can reduce the negative effects of tariffs and discusses strategies that are good options for …
Persistent link: https://www.econbiz.de/10014520589
The Byrd amendment to US anti-dumping law distributes the revenue from anti-dumping duties imposed on foreign firms to the domestic firms that lodged the complaint of dumping. When the government sets its anti-dumping duty to maximise a welfare function that attaches greater weight to the...
Persistent link: https://www.econbiz.de/10010313390
If a free trade agreement (FTA) is characterized by the exchange of market access with a large and competitive trading …. We argue that the Canadian-US free trade agreement (CUSFTA) provides an ideal policy experiment to link this mechanism to …
Persistent link: https://www.econbiz.de/10009665362
A standard finding in the political economy of trade policy literature is that we should expect export …-oriented industries to attract more assistance than import-competing industries. In reality, however, trade policy is heavily biased … raising revenue via taxation may make export subsidies less desirable and import tariffs more desirable. The model is then …
Persistent link: https://www.econbiz.de/10010261301
actions being to boost the manufacturing sector. In this paper, we estimate the effect of the tariffs -- including retaliatory … tariffs by U.S. trading partners -- on manufacturing employment, output, and producer prices. A key feature of our analysis is … accounting for the multiple ways that tariffs might affect the manufacturing sector, including providing protection for domestic …
Persistent link: https://www.econbiz.de/10012834187
The trade war initiated by the Trump administration is the largest since the US imposed the Smoot-Hawley tariffs in the …. Our results highlight the political salience of the trade war: US trade war tariffs boosted Trump’s support but foreign … retaliation hurt Trump. In particular, the pro-Trump effects of US trade war tariffs were crucial for Trump crossing the recount …
Persistent link: https://www.econbiz.de/10013171058