Showing 1 - 10 of 2,213
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
that offsetting effects on the newly imposed tariffs were substantial. …
Persistent link: https://www.econbiz.de/10012792730
Persistent link: https://www.econbiz.de/10001469648
The Tax Cuts and Jobs Act (TCJA) of 2017 marked a significant change in U.S. domestic and international tax policy, altering incentives for U.S. firms to own foreign assets. We examine the initial response of U.S. firms’ foreign acquisition patterns to the TCJA’s key reform provisions. We...
Persistent link: https://www.econbiz.de/10012244978
The welfare cost of imperfect competition in the product and labor market as well as distortionary taxation is quantified in a dynamic general equilibrium model parameterized to fit the U.S. economy. We find that the welfare cost of imperfect competition in the product market is 35.74 percent...
Persistent link: https://www.econbiz.de/10011583610
We measure the importance of increasing returns to scale and trade in medical services. Using Medicare claims data, we document that "imported" medical care -- services produced by a medical provider in a different region -- constitute about one-fifth of US healthcare consumption. Larger regions...
Persistent link: https://www.econbiz.de/10014247951
We measure the importance of increasing returns to scale and trade in medical services. Using Medicare claims data, we document that “imported” medical care—services produced by a medical provider in a different region—constitute about one-fifth of US healthcare consumption. Larger...
Persistent link: https://www.econbiz.de/10014358571
This paper identifies various channels through which the Sino-US trade war and the January 2020 truce affect Swiss goods exports. As a third party to this bilateral trade war, Switzerland's goods exports were not targeted directly. Nevertheless, Swiss goods exports were implicated and evidence...
Persistent link: https://www.econbiz.de/10012435246
If a free trade agreement (FTA) is characterized by the exchange of market access with a large and competitive trading partner, the agreement can cause a leakage of protectionist benefits to domestic industry from lobbying against external tariff cuts. This rent destruction effect of an FTA can...
Persistent link: https://www.econbiz.de/10009665362
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