| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP11044 |
| DP11044 Global Supply Chains and Trade Policy | |
| Emily Blanchard; Chad Bown; Robert Johnson | |
| 发表日期 | 2016-01-17 |
| 出版年 | 2016 |
| 语种 | 英语 |
| 摘要 | How do global value chain linkages modify countries' incentives to impose import protection? Are these linkages empirically important determinants of trade policy in practice? To address these questions, we develop a new value-added approach to modelling tariff setting with GVCs, in which optimal policy depends on the nationality of value-added content embedded in home and foreign final goods. Theory predicts that discretionary tariffs will be decreasing in the domestic content of foreign-produced final goods and (provided foreign political interests are not too strong) the foreign content of domestically-produced final goods. Using theory as a guide, we estimate the influence of GVC linkages on trade policy with newly assembled data on bilateral applied tariffs, temporary trade barriers, and value-added contents for 14 major economies over the 1995-2009 period. Our empirical findings indicate that GVCs already play an important role in shaping trade policy. Governments set lower tariffs and curb their use of temporary trade protection (particularly against China) where GVC linkages are strongest. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Gsp Supply chains Tariffs Temporary trade barriers Trade agreements Preferences Value added |
| URL | https://cepr.org/publications/dp11044 |
| 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/539873 |
| 推荐引用方式 GB/T 7714 | Emily Blanchard,Chad Bown,Robert Johnson. DP11044 Global Supply Chains and Trade Policy. 2016. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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