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product-level tariff pass-through and show that a higher ratio of import demand elasticity over export supply elasticity leads …During the U.S.-China trade war, the U.S. punitive tariffs were almost entirely borne by U.S. importers. In contrast …, only 68% of China's retaliatory tariffs were paid by Chinese importers. The puzzling difference between the U.S. and China …
Persistent link: https://www.econbiz.de/10014377471
until May 2019, we employ a difference-in-differences estimation framework. Doing so, we (1) can confirm previous findings … showing a strong negative direct effect of US tariffs on US imports from China, but (2) do not find evidence for significant …
Persistent link: https://www.econbiz.de/10013314797
until May 2019, we employ a difference-in-differences estimation framework. Doing so, we (1) can confirm previous findings … showing a strong negative direct effect of US tariffs on US imports from China, but (2) do not find evidence for significant …
Persistent link: https://www.econbiz.de/10012390489
Many studies use tariffs to measure changes in trade policy. This paper shows that standard sources for tariffs suffer … from substantial measurement error due to misreporting and the resulting false imputation: Countries fail to report tariffs … every year and missing data are more prevalent for preferential than for most favored nation (MFN) tariffs. WITS, the main …
Persistent link: https://www.econbiz.de/10014492124
elasticity of substitution by over 35%. Applied to U.S. import data from 1993-2007, the biases of the standard estimates …Feenstra (1994) developed, and Broda and Weinstein (2006) refined, a structural estimator to estimate import demand and … improves the technique to provide a unified estimator of import supply and demand elasticities. The proposed LIML routine …
Persistent link: https://www.econbiz.de/10013081248
This paper investigates whether the elasticity of demand systematically changes from one importer country to another in … an international trade context. Evidence from U.S. exports supports this view by suggesting that the elasticity of demand … to the U.S. of the importer country. In terms of policy implications, using a common elasticity measure would …
Persistent link: https://www.econbiz.de/10012904910
-intensive manufacturing industries. The nature of the impact of the heightened Chinese import tariffs on GVC firms' sourcing suggests a rise …-destination pairs, we show that increased Chinese import protection in the US has a significant positive impact on Mexican firms' trade … product offerings of Mexican GVC firms in response to the heightened Chinese import protection in the US, suggesting increased …
Persistent link: https://www.econbiz.de/10014340112
Are retaliatiory tariffs politically targeted and, if so, are they effective? Do countries designing a retaliation …
Persistent link: https://www.econbiz.de/10011986148
We explore how outcomes of trade policy retaliation (Nash tariff games) are affected when trade simultaneously takes places geographically across countries and through time via financial intermediation. In such models deficits and surpluses in goods trade are endogenously determined, and...
Persistent link: https://www.econbiz.de/10003806727
model of international trade with input-output connections. Sanctioning countries simultaneously choose import tariffs to … Russian welfare, an embargo on Russia's mining and energy products - with tariffs above 50% on other products - is the most …
Persistent link: https://www.econbiz.de/10013417326