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delayed pass-through of tariffs into import prices could cause such prolonged differential import growth. We examine how … U.S. import growth in 1989{2016 using detailed product-level data on tariff phase-out in the original treaties. We find …
Persistent link: https://www.econbiz.de/10011997344
taxes, excise taxes and import tariffs expressed both in dollars per litre of alcohol and as a percentage of what the …
Persistent link: https://www.econbiz.de/10009419445
Anti-dumping actions are now the trade policy of choice of developing and transition economies. To understand why these economies have increasingly applied anti-dumping laws, we build a simple theoretical model of vertical intra-industry trade and investigate the strategic incentives of...
Persistent link: https://www.econbiz.de/10011342568
The WTO Agreement on Agriculture applies to those "agricultural products" as defined in its Annex 1. This definition expressly excludes "fish and fish products" from the scope of application of the Agreement. In light of this exclusion, the paper is intended to provide a historical account of...
Persistent link: https://www.econbiz.de/10012512629
model that incorporates bilateral tariffs and a number of indicators for the quality of infrastructure. The paper looks at … estimators, multilateral resistances for tariffs and remoteness are introduced in the gravity equation. Moreover, the robustness … included. The results can be summarised in four main findings: (i) bilateral tariffs, generally neglected in gravity regression …
Persistent link: https://www.econbiz.de/10010205559
currently applied tariffs are "too high," the implication being that there are still tariff reductions out there for an … agreement like the WTO to facilitate. These three areas include applied tariffs for countries that are not members of the WTO …, applied tariffs for WTO members that are unbound, and applied tariffs for WTO members set in the presence of large amounts of …
Persistent link: https://www.econbiz.de/10011415258
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
This paper studies the impact of market power on international commodity prices. I use a standard oligopoly model and exploit historical variations in the structure of the international coffee bean market to assess the impact of a cartel treaty on coffee prices and its global welfare...
Persistent link: https://www.econbiz.de/10013039191
Historically, tariffs have been an attractive policy tool to protect domestic industries. The benefits of such a policy …
Persistent link: https://www.econbiz.de/10010338661
non-cooperative policies within a single framework. First, we compare the elasticity of trade flows to import tariffs and … in import tariffs by 1 percentage point reduces imports by around 1.4 percent. Hence the two instruments are not …
Persistent link: https://www.econbiz.de/10011864529