We study, theoretically and empirically, how countries choose intra-bloc tariffs and preferential margins when they … form Preferential Trade Agreements (PTAs). Our model indicates that countries should set systematically lower preferential … margins when the bloc takes the form of a free trade area (where members set external trade policies independently), relative …

Rising globalization has exerted a downward pressure on global tariffs, thereby eroding tariff revenues in developing … nations. We analyse how gains from lowering import tariffs are distributed within the firm and the corresponding tax (base … profits, sales, capital, and wages with respect to import tariffs. Using linked employer-employee data and firmproduct …