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To study the effects of tariffs on gross domestic product (GDP), one needs import demand elasticities at the tariff line level that are consistent with GDP maximization. These do not exist. Kee, Nicita, and Olarreaga modify Kohli's (1991) GDP function approach to estimate demand elasticities for...
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As the economic crisis deepens and widens, fears of a return to the protectionist spiral of the 1930s become more common. However, an important difference between the 1930s and today is the existence of the World Trade Organization and the legal limits it imposes on the protectionist responses...
Persistent link: https://www.econbiz.de/10004987193
The authors have prepared this paper as a companion to the Trade and Production database, which contains trade, production, and tariff data for 67 industrial and developing countries at the industry level for 1976-99. The sector disaggregation in the database follows the International Standard...
Persistent link: https://www.econbiz.de/10005128580
To study the effects of tariffs on GDP one needs import demand elasticities at the tariff line level that are consistent with GDP maximization. These do not exist. We modify Kohli’s (1991) GDP function approach to estimate demand elasticities for 4625 imported goods in 117 countries. Following...
Persistent link: https://www.econbiz.de/10005136497
The objective of this paper is to provide estimates of import demand and export supply elasticities for around 4200 goods (six digit of the Harmonized System) in 117 countries. The empirical methodology follows the GDP function approach of Kohli (1991), which allows sufficient flexibility in...
Persistent link: https://www.econbiz.de/10005063733
To study the effects of tariffs on gross domestic product (GDP), one needs import demand elasticities at the tariff line level that are consistent with GDP maximization. These do not exist. The authors modify Kohli's (1991) GDP function approach to estimate demand elasticities for 4,625 imported...
Persistent link: https://www.econbiz.de/10005030512