Showing 1 - 10 of 154
In this paper we demonstrate the importance of distinguishing capital goods tariffs from other tariffs. Using exposure … reduction in intermediate and consumption input or output tariffs do not significantly increase their investment rates. However …, firms' investment rate increase strongly in response to a reduction in capital goods input tariffs. Firms do not substitute …
Persistent link: https://www.econbiz.de/10012251365
This paper empirically investigates the impact of tariffs when production is organized in global value chains. Using … tariffs at different stages of the production chain for a broad set of countries and industries. Our results suggest that … tariffs have significant effects on economic outcomes, including on countries and sectors not directly targeted. We find that …
Persistent link: https://www.econbiz.de/10013170052
commodity taxation (the Ramsey, the inverse elasticity, the Corlett-Hague rules) may no longer be valid; (b) tariffs may replace …
Persistent link: https://www.econbiz.de/10014398497
biased toward the export sector, or if it is biased toward an importcompeting sector in the presence of tariff protection …
Persistent link: https://www.econbiz.de/10014400291
This paper examines the theory underpinning the design of optimal tariffs in a developing economy, and the experience … objectives. The ability to successfully reduce tariffs depends on measures taken to alleviate fiscal and balance of payments …
Persistent link: https://www.econbiz.de/10014398472
trade policy - particularly the tariffs placed on imports from China - on importers, consumers, and exporters. We start by … documenting that the tariffs were almost fully passed through to total prices paid by importers, suggesting the tariffs' incidence … several large multi-national retailers, we demonstrate that the impact of the tariffs on retail prices is more mixed. Some …
Persistent link: https://www.econbiz.de/10012154685
.S. auto tariffs. The second analyzes a 'transactional deal' between the U.S. and China to close their bilateral deficit. The … third, in the absence of such a deal, considers a potential escalation in bilateral tariffs between the two countries. Some …
Persistent link: https://www.econbiz.de/10012102091
In this paper a general equilibrium intertemporal model with optimizing consumers and producers is developed to analyze how the imposition of a temporary import tariff affects the path of real exchange rates and the current account. The model is completely real, and considers a small open...
Persistent link: https://www.econbiz.de/10014395800
This paper examines the macroeconomic impact of tariffs. Existing theoretical models do not provide clear … the hypothesis that tariffs have no statistically significant impact on the trade balance, the real exchange rate, or the …
Persistent link: https://www.econbiz.de/10014396243
control group for cross-product identification. Commitments under the ITA spurned development of a downstream IT export sector …
Persistent link: https://www.econbiz.de/10011852644