Showing 1 - 10 of 94
Recent trade negotiations, both at the regional and multilateral level, have seen a resurgence of the issue of trade and labour standards. As the world economy becomes increasingly globalised and the volume of world trade flows keeps increasing between the North and the South, it is very likely...
Persistent link: https://www.econbiz.de/10011514094
We analyze a two country-two good model of international trade in which citizens in each country differ by their specific factor endowments. The trade policy in each country is set by the politician who has been elected by the citizens in a previous stage. Due to a delegation effect citizens...
Persistent link: https://www.econbiz.de/10011398023
On April 2, 2025, President Trump declared "Liberation Day", announcing broad tariffs to reduce trade deficits and … revive U.S. industry. We analyze the long-term economic impacts of these tariffs through the lens of a trade model that … trading partners do not retaliate, the tariffs could decrease the U.S. trade deficit and improve its terms of trade, yielding …
Persistent link: https://www.econbiz.de/10015404478
This paper studies dynamics of endogenous business cycles and exchange rate volatility in a small open economy. Without market imperfections, domestic price and wage adjustments respond sluggishly to disequilibrium situations on real domestic markets while prices on international capital markets...
Persistent link: https://www.econbiz.de/10011538984
This paper sets up a model of trade, in which two countries with differing levels of technology specialize in the production of sub-stages of the global value chain. In the open economy, the technologically backward country exports intermediates in exchange for imports of a homogeneous...
Persistent link: https://www.econbiz.de/10013465726
To identify transactions at risk of tariff evasion, this paper matches export transaction data from France with import transaction data from Madagascar using container identifiers. Reporting discrepancies between exporters and importers are prevalent but small, with over two-fifths of importers...
Persistent link: https://www.econbiz.de/10014435265
Solution (WITS), and selection bias from dropping tariffs when no trade is recorded. I develop a novel interpolation algorithm …
Persistent link: https://www.econbiz.de/10015179189
delayed pass-through of tariffs into import prices could cause such prolonged differential import growth. We examine how …
Persistent link: https://www.econbiz.de/10011997344
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
Lancaster House speeches) were more closely correlated with potential changes to tariffs and non-tariff barriers on UK-EU trade …
Persistent link: https://www.econbiz.de/10011900762