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1860, we estimate the responsiveness of domestic production to fluctuations in import prices and conclude that the industry …
Persistent link: https://www.econbiz.de/10014146821
Are retaliatiory tariffs politically targeted and, if so, are they effective? Do countries designing a retaliation …
Persistent link: https://www.econbiz.de/10011986148
Persistent link: https://www.econbiz.de/10012431460
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We provide a synthesis of the theoretical models that study the use of escape clauses, also known as safeguards, in multilateral and preferential trade agreements. We consider models that explain this type of flexibility based on economic efficiency, political economy shocks, and...
Persistent link: https://www.econbiz.de/10014023452
represented 83% of the world's population and 91% of the world's GDP in 2013. We address five questions: Do some countries have … more liberal trading regimes than others? Within countries, which industries receive the most import protection? How do …, how liberalized is world trade? Our analysis documents the extent of cross-sectional heterogeneity in applied commercial …
Persistent link: https://www.econbiz.de/10014023444
tariffs around the world improving our understanding of how countries set tariffs substantially. …This paper presents a new global tariff database covering tariffs at the six-digit product level for 197 importing … data and misreporting, almost doubling the number of available tariffs from 2.9 to 5.7 billion. The improvement in the data …
Persistent link: https://www.econbiz.de/10012254482
countrywide profits benefit from small import tariffs, whereas the foreign counterpart is hit, but when sectors share the same …, cross-sector protectionism generates a reduction in the foreign wage without affecting the domestic wage. Domestic … textbook version theory of the optimal tariff in partial equilibrium. Rationalization of these effects suggests a political …
Persistent link: https://www.econbiz.de/10011374297
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In this paper we examine the empirical relevance of three prominent endogenous protection models. Is protection for sale, or do altruistic policy makers worry about political support? We find strong evidence that protection is indeed for sale. The important new result is, however, that not only...
Persistent link: https://www.econbiz.de/10011397792