Showing 1 - 10 of 92
correlation between antidumping duties and traditional revenue productivity is likely misleading. For the subset of plants … reporting quantity-based output data, increases in prices and markups artificially inflate the effect of antidumping duties on … revenue productivity, while physical productivity actually falls. Moreover, antidumping duties allow low-productivity plants …
Persistent link: https://www.econbiz.de/10010574403
We use 6-digit bilateral trade data to document the effect of WTO/GATT membership on the extensive and intensive product margins of trade. We construct gravity equations for the two product margins motivated by Chaney (2008). The empirical results show that standard gravity variables provide...
Persistent link: https://www.econbiz.de/10010730211
Do tariffs inhibit trade flows by limiting the entry of exporters (‘firm extensive margin’) or by restricting the average volume exported by each firm (‘firm intensive margin’)? Using a gravity equation approach, we analyze how the decrease in tariffs promoted during the 90s by the...
Persistent link: https://www.econbiz.de/10011056362
In this paper, we analyze the effect of reducing import tariffs on intermediate inputs and final goods on the wage skill premium within firms in Indonesia – a country with a high share of unskilled workers. We present a new finding that reducing input tariffs reduces the wage skill premium...
Persistent link: https://www.econbiz.de/10010577696
This paper extends the literature on trade liberalization and firm productivity (TFP) by examining the complementarities between the speed of contract enforcement and the productivity gains from input tariff liberalization. It does so by using firm-level panel data from India along with an...
Persistent link: https://www.econbiz.de/10010664757
This paper estimates the impact of macroeconomic fluctuations on import protection policies over 1988:Q1–2010:Q4 for five industrialized economies — the United States, European Union, Australia, Canada and South Korea. We find evidence of a strong countercyclical trade policy response in the...
Persistent link: https://www.econbiz.de/10011056334
Over the past 50years, the steel industry has been protected by a wide variety of trade policies, both tariff- and quota-based. We exploit this extensive heterogeneity in trade protection to examine the well-established theoretical literature predicting nonequivalent effects of tariffs and...
Persistent link: https://www.econbiz.de/10010617221
This paper explores the impact of input trade liberalization on imported input and exported product prices. Using Chinese transaction data for 2000–2006, we capture causal effects between exogenous input tariff reductions and within firm changes in HS6-traded product prices. For...
Persistent link: https://www.econbiz.de/10011191000
The number of preferential trade agreements has greatly increased over the past two decades, yet most existing arrangements take the form of free trade areas, and less than 10% can be considered to be fully fledged customs unions. This paper develops a political economy model of trade policy...
Persistent link: https://www.econbiz.de/10011056317
A large class of models with CES utility and iceberg trade costs are now known to generate isomorphic “gravity equations.” Economic interpretations of these gravity equations vary in terms of two basic elements: the exporter's “mass” variable and the elasticity of trade with respect to...
Persistent link: https://www.econbiz.de/10011056323