G2TT
来源类型Discussion paper
规范类型论文
来源IDDP10962
DP10962 Tariff Reductions, Entry, and Welfare: Theory and Evidence for the Last Two Decades
Lorenzo Caliendo; Robert Feenstra; John Romalis; Alan M. Taylor
发表日期2015-11-29
出版年2015
语种英语
摘要We show in a multi-sector, heterogeneous-firm trade model that the effect of tariffs on entry, especially in the presence of production linkages, can reverse the traditional positive optimal tariff argument. We then use a new tariff dataset, and apply it to a 189-country, 15-sector version of our model, to quantify the trade, entry, and welfare effects of trade liberalization over the period 1990–2010. We find that the impact on firm entry was larger in Advanced relative to Emerging and Developing countries; that slightly more than three-quarters of the total gains from trade are a consequence of the reductions in MFN tariffs (the Uruguay Round), with two-thirds of the remainder due to preferential trade agreements and one third due to the hypothetical movement to free trade; and that free trade would bring gains for some Emerging and Developing countries, in particular. Ten economies in our sample – including China, Hong Kong, India, Israel, Vietnam, and five more remote countries – would have benefited from going beyond free trade to subsidizing their imports in 1990, since their optimal tariffs are negative.
主题International Trade and Regional Economics
关键词Bilateralism Gains from trade Input- output linkages Monopolistic competition Multilateralism Trade policy
URLhttps://cepr.org/publications/dp10962
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/539791
推荐引用方式
GB/T 7714
Lorenzo Caliendo,Robert Feenstra,John Romalis,et al. DP10962 Tariff Reductions, Entry, and Welfare: Theory and Evidence for the Last Two Decades. 2015.
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