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Import Liberalization as Export Destruction? Evidence from the United States

Breinlich, Holger; Leromain, Elsa; Novy, Dennis; … - 2022

How does import protection affect export performance? In trade models with scale economies, import liberalization can reduce industry-level exports by cutting domestic production. We show that this export destruction mechanism reduced US export growth following the permanent normalization of...

Persistent link: https://www.econbiz.de/10013300868

An equilibrium displacement approach to analyzing the effects of tariff reduction on farmers' profits : the Korea-Chile FTA's effects on Korean grape producers

Ahn, Byeong-il; Im, Jeong-bin - 2016

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

Trade Integration, Industry Reallocation, and Welfare in Colombia

Alessandria, George A.; Avila-Montealegre, Oscar I. - National Bureau of Economic Research - 2023

We study empirically and theoretically the dynamic effects of the unilateral reduction in import tariffs undertaken by … asymmetric two-country, multi-sector heterogeneous firm model with a dynamic exporting decision, input-output linkages, capital …, tariffs, imbalances, and input-output linkages in the late 1980s. We introduce an anticipated phased out reform into the model …

Persistent link: https://www.econbiz.de/10014322766

Tariffs and Firm-Level Heterogeneous Fixed Export Costs

Guldager Jørgensen, Jan; Schröder, Philipp J. H. - 2005

that are heterogeneous across firms, we find that the reciprocal reduction of small tariffs reduces welfare. …

Persistent link: https://www.econbiz.de/10010272868

Endogenous Quality Effects of Trade Policy

Moraga, Jose Luis; Viaene, Jean-Marie - 1999

We study the optimal trade policy against a foreign oligopoly withendogenous quality. We show that, under the Most Favoured Nation(MFN) clause, a uniform tariff policy is always welfare improvingover the free trade equilibrium. However, a nonuniform tariff policyis always desirable on welfare...

Persistent link: https://www.econbiz.de/10010324550

The ASEAN Economic Community : A General Equilibrium Analysis

Petri, Peter A. - 2011

The ASEAN Economic Community (AEC) is the largest integration effort attempted in the developing world; if realized, it will create a single market with the free movement of goods, services, foreign direct investment and skilled labor, and freer movement of capital encompassing nearly 600 million...

Persistent link: https://www.econbiz.de/10013132888

Welfare Implication of India-ASEAN FTA : An Analysis Using GTAP Model

Nag, Biswajit - 2012

Persistent link: https://www.econbiz.de/10013108276

The Economic Effects of the Trans-Pacific Partnership : New Estimates

Petri, Peter A. - 2016

This Working Paper estimates the effects of the Trans-Pacific Partnership (TPP) using a comprehensive, quantitative trade model, updating results reported in Petri, Plummer, and Zhai (2012) with recent data and information from the agreement. The new estimates suggest that the TPP will increase...

Persistent link: https://www.econbiz.de/10013000292

Austerity as Violence : Measuring the Effects of Economic Austerity on Pro-Sociality

Sambanis, Nicholas - 2018

How does economic hardship affect social preferences? Do people feel more solidarity with one another, as often happens after natural disasters? Or does it reduce pro-sociality by making social divisions more salient? We address these questions by analysing the social effects of economic...

Persistent link: https://www.econbiz.de/10012911238

Lessons from U.S.-China Trade Relations

Caliendo, Lorenzo; Parro, Fernando - National Bureau of Economic Research - 2022

We review theoretical and empirical work on the economic effects of the United States and China trade relations during the last decades. We first discuss the origins of the China shock, its measurement, and present methods used to study its economic effects on different outcomes. We then focus...

Persistent link: https://www.econbiz.de/10013361989