This manuscript develops a classroom experiment on international trade that is suitable for undergraduate intermediate … macroeconomics, international trade, and international finance courses. Students representing buyers, in a small home country and … international trade. By imposing tariffs and quotas and altering the structure of the home market from one of perfect competition to …

In this paper, using the worldwide dataset of bilateral tariff rates, we explore how serious the omission of bilateral … tariff rates in gravity is. Our findings are as follow. Firstly, the omission of bilateral tariff rates seems not to be so … after their inclusion. Secondly, while the widely-used dummy variable of regional trade agreement could not play an …

In this paper, we examined back-and-forth international transactions through tariff reduction by estimating modified … machinery products are negatively associated with not only the importer's tariff rates on finished machinery products but also … the exporter's tariff rates on machinery parts. Similarly, exports of machinery parts are negatively associated with not …

the time series data from 1990-91 to 2005-06. The results reveal that wage, trade openness, net export, GDP growth and tax …

input and output tariff reductions on labor demand elasticities at the firm level. For this purpose, we consider a simple …-output labor demand elasticities. Input tariff reductions would lower the factor shares of labor for these productive firms and …-level panel data over the 2000--2006 period. Controlling for potential tariff endogeneity by instruments, our empirical studies …

construction of concordance tables for Japan's 9 digit tariff line codes enables analysis at the tariff line level, which overcomes … substantial preference margins over non-LDC countries were not successful. These findings suggest that for LDCs the tariff barrier … is a relatively small obstacle: Trade is affected more strongly by other factors, such as infrastructure, nontariff …

This paper empirically examines what kinds of elements affect the gap in free trade agreement (FTA) utilization with … 2011. As a result, we found that the products with the higher demand volatility or those with a larger number of tariff …

This paper empirically investigates how far free trade agreements (FTAs) successfully lower tariff rates and non-tariff …. Membership in the World Trade Organization (WTO) does not contribute greatly to reducing tariff rates but does play a significant … barriers (NTBs) for manufacturing industries by employing the bilateral tariff and NTB data in a time series for countries …