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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP13564 |
DP13564 The Impact of the 2018 Trade War on U.S. Prices and Welfare | |
Mary Amiti; Stephen Redding; David Weinstein | |
发表日期 | 2019-03-02 |
出版年 | 2019 |
语种 | 英语 |
摘要 | This paper explores the impacts of the Trump administration’s trade policy on prices and welfare. Over the course of 2018, the U.S. experienced substantial increases in the prices of intermediates and final goods, dramatic changes to its supply-chain network, reductions in availability of imported varieties, and complete passthrough of the tariffs into domestic prices of imported goods. Overall, using standard economic methods, we find that the full incidence of the tariff falls on domestic consumers, with a reduction in U.S. real income of $1.4 billion per month by the end of 2018. We also see similar patterns for foreign countries who have retaliated against the U.S., which indicates that the trade war also reduced real income for other countries. |
主题 | International Trade and Regional Economics |
关键词 | International trade Tariffs Trade war |
URL | https://cepr.org/publications/dp13564 |
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/542420 |
推荐引用方式 GB/T 7714 | Mary Amiti,Stephen Redding,David Weinstein. DP13564 The Impact of the 2018 Trade War on U.S. Prices and Welfare. 2019. |
条目包含的文件 | 条目无相关文件。 |
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