This paper studies the macroeconomic impact of higher tariffs using a two-country DSGE model with endogenous trade and … heterogeneous firms. The analysis consists of two scenarios. First, we assume that one country increases tariffs while the other … does not. Second, both countries raise tariffs. In the first case, the country that did not raise tariffs suffers an …

developing and emerging countries over several years, merged with destination-product specific information on tariffs and non …-tariff measures is not isomorphic to that of tariffs: the pricing-to-market behavior we observe suggests that, while tariffs reduce …, tariffs, exchange rate, price discrimination …

environments. Besides traditional tariffs, exporting firms need to comply with regulatory non-tariff measures (NTMs) in the form of … challenge to MNEs' subsidiaries' activity and performance than tariffs do. High-tech manufacturing subsidiaries of foreign MNEs …

distinguish between productivity gains arising from lower tariffs on final goods relative to those on intermediate inputs. Lower … output tariffs can produce productivity gains by inducing tougher import competition whereas cheaper imported inputs can … tariffs. A 10 percentage point fall in output tariffs increases productivity by about 1%, whereas an equivalent fall in input …

This paper shows that governments have no incentive to introduce non-tariff barriers when they are free to set tariffs … but they do when tariffs are determined cooperatively. We then show three results. First, with trade liberalization, there … is a progression from using tariffs only to quotas, and to antidumping constraints (when quotas are jointly eliminated …