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Persistent link: https://www.econbiz.de/10005154958
We present an empirical analysis of factors determining trade wars and agreements under U.S. trade law Section 301. A system of two probit equations is estimated using historical data on Section 301 cases to determine which economic and political factors increase the likelihood of trade...
Persistent link: https://www.econbiz.de/10005154960
We derive a method to econometrically estimate the tariff equivalent and foregone trade effects of a prohibitive technical barrier to trade (TBT) based on Wales and Woodland's Kuhn-Tucker approach to corner solutions in consumer choice. The method overcomes the lack of observed data on bilateral...
Persistent link: https://www.econbiz.de/10005154990
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Persistent link: https://www.econbiz.de/10005154996
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Persistent link: https://www.econbiz.de/10005154998
Using U.S. apparel catalog data, we estimate hedonic price functions to identify market valuation of environmental attributes of apparel goods. We identify a significant and robust premium for the organic fibers embodied in the apparel goods. We also find a discount for the "no-dye" label. We do...
Persistent link: https://www.econbiz.de/10005155056
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Persistent link: https://www.econbiz.de/10005155096
This paper examines the effects of the use of increasingly-popular phytosanitary regulations on production costs, and output and factor trade flows. The case addressed is that of the European regulation of maximum chemical residues in cigarettes manufactured with tobacco containing maleic...
Persistent link: https://www.econbiz.de/10005155104
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Persistent link: https://www.econbiz.de/10005155108
This paper estimates a complete system of input cost shares in U.S. textile production, using time-series data and a linear logit specification incorporating the impact of technical change and scale effects on derived demands for natural and manmade fibers. The specification accounts for forward...
Persistent link: https://www.econbiz.de/10005155132