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in a given sector is affected by past reductions in applied tariffs. Employing an identification strategy based on 'new … measures', we find evidence of a substitution of non-tariff measures for tariffs both in the sample of TBT and in the sample of …. These results are consistent with our theoretical model, which predicts policy substitution between tariffs and standards in …
Persistent link: https://www.econbiz.de/10010419803
We demonstrate that durable MFN tariff elimination affects trade patterns through several layers, and magnitudes of effects are sizable. The WTO Information Technology Agreement's (ITA) unique setting allows us to overcome the challenges associated with identifying effects of non-discriminatory...
Persistent link: https://www.econbiz.de/10011882479
Market access negotiations in merchandise trade at the multilateral level cover tariffs and non-tariff measures (NTMs …). While tariffs have been substantially reduced in earlier rounds, they remain high in certain areas and further reductions …
Persistent link: https://www.econbiz.de/10010229111
commitments under trade agreements (multilateral and regional agreements) and applied tariffs- what is also known as tariffs … equivalent to a level of tariffs between 1.7 and 8.7 percentage points. …
Persistent link: https://www.econbiz.de/10011280009
data on tariffs and trade covering 130 countries. We show that regionalism has delivered limited effective liberalization …
Persistent link: https://www.econbiz.de/10011496864
The present study develops an equilibrium displacement model (EDM) to evaluate the impacts of a free trade agreement (FTA) on the profits of individual farmers. The parameters representing the share of profit within revenue and the elasticity of cost with respect to quantity in the cost function...
Persistent link: https://www.econbiz.de/10011433753
Governments in more developed economies partially compensate import-competing industries when world prices fall, i …-maker would respond to lower world prices by reducing tariff protection for an import-competing industry. An initial tariff that … in the world price of the importable good. …
Persistent link: https://www.econbiz.de/10011577171
Was the collapse of world trade between 1928 and 1937 caused by higher transport costs, increased protectionism or the …
Persistent link: https://www.econbiz.de/10012023385
The WTO Agreement on Agriculture applies to those "agricultural products" as defined in its Annex 1. This definition expressly excludes "fish and fish products" from the scope of application of the Agreement. In light of this exclusion, the paper is intended to provide a historical account of...
Persistent link: https://www.econbiz.de/10012512629
affected. One possible outcome of Brexit is a situation where WTO tariffs apply to merchandise trade between the UK and the EU … falling by 5% (Finland) to 43% (Bulgaria) taking into account the new tariffs and the elasticity of the trade response to this …
Persistent link: https://www.econbiz.de/10011565180