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affected. One possible outcome of Brexit is a situation where WTO tariffs apply to merchandise trade between the UK and the EU … falling by 5% (Finland) to 43% (Bulgaria) taking into account the new tariffs and the elasticity of the trade response to this …
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in a given sector is affected by past reductions in applied tariffs. Employing an identification strategy based on 'new … measures', we find evidence of a substitution of non-tariff measures for tariffs both in the sample of TBT and in the sample of …. These results are consistent with our theoretical model, which predicts policy substitution between tariffs and standards in …
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negative direct effect of US tariffs on US imports from China, but (2) do not find evidence for significant short-run trade …
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This paper challenges and complements existing studies on the economic impact of Brexit providing a discussion of the UK's decision to leave the EU and how it will affect international trade networks and value-added. Using the World Input-Output Database, we develop a multi-sector inter-country...
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trade policy - particularly the tariffs placed on imports from China - on importers, consumers, and exporters. We start by … documenting that the tariffs were almost fully passed through to total prices paid by importers, suggesting the tariffs' incidence … several large multi-national retailers, we demonstrate that the impact of the tariffs on retail prices is more mixed. Some …
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data on tariffs and trade covering 130 countries. We show that regionalism has delivered limited effective liberalization …
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