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This paper empirically investigates the impact of tariffs when production is organized in global value chains. Using … tariffs at different stages of the production chain for a broad set of countries and industries. Our results suggest that … tariffs have significant effects on economic outcomes, including on countries and sectors not directly targeted. We find that …
Persistent link: https://www.econbiz.de/10013295005
In this paper, we analyze the trade war between two large countries when the trade policy is decided through majority voting. We show how the trade war equilibrium depends on the median voter production factor relative endowment. We compare this equilibrium to the one analyzed by Johnson where...
Persistent link: https://www.econbiz.de/10005779456
bilateral applied tariffs for each product category for the universe of available country pairs over the 2001 to 2016 period. We …
Persistent link: https://www.econbiz.de/10012260974
This paper analyzes the effects of the current trade conflict on developing Asia using the Asian Development Bank's Multiregional Input - Output Table (MRIOT), allowing us to calculate the impact on individual countries and on sectors within countries. The analysis estimates the direct impact on...
Persistent link: https://www.econbiz.de/10011945023
In this paper, we investigate the scale of the drop in American imports after it imposed punitive tariffs on Chinese …
Persistent link: https://www.econbiz.de/10014339778
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
Spain concerning import tariffs on Cuban and Puerto Rican sugar. The debate is reconstructed and related carefully both to …
Persistent link: https://www.econbiz.de/10011761427
We derive a simple equation for the welfare gains from trade when tariffs are liberalized or iceberg trade costs fall … the analysis of Arkolakis, Costinot and Rodriguez-Clare (2012) to encompass revenue-generating import tariffs. Our formula … countries with relatively high status quo tariffs, our formula predicts 30-60\% larger gains from trade than the icebergs only …
Persistent link: https://www.econbiz.de/10010344632
Spain concerning import tariffs on Cuban and Puerto Rican sugar. The debate is reconstructed and related carefully both to …
Persistent link: https://www.econbiz.de/10011695498
Was the collapse of world trade between 1928 and 1937 caused by higher transport costs, increased protectionism or the collapse of the gold standard? Using recent advances in the estimation of gravity equations, I examine the partial and general equilibrium effects of bilateral distance,...
Persistent link: https://www.econbiz.de/10012023385