| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP13602 |
| DP13602 Heterogeneous Effects of Tariff and Non-tariff Trade-Policy Barriers in Quantitative General Equilibrium | |
| Peter Egger | |
| 发表日期 | 2019-03-20 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | Structural quantitative work in international economics typically treats trade policy as log-linearly related to trade costs and as exogenous. This paper proposes a structural approach that allows for a non-parametric relationship and treats tariff and non-tariff trade-policy variables as potentially endogenous in log-linear estimation. We document that the data reject the assumption of log-linearity of trade costs in both the tariff- and the non-tariff-policy domains. Specifically, the partial impact of a change in tariffs is strongest for low policy barriers and medium levels of tariffs but generally decreases in the level of both non-tariff barriers and tariff barriers. To give a relevant illustration, we assess the effects of a unilateral increase of US tariffs on Chinese imports by 10 percentage points and document that the estimated effects on real bilateral trade-flow changes would be largely underestimated by standard approaches. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Trade policy Gravity models Semi-parametric methods Non-parametric methods Generalized propensity scores |
| URL | https://cepr.org/publications/dp13602 |
| 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/542461 |
| 推荐引用方式 GB/T 7714 | Peter Egger. DP13602 Heterogeneous Effects of Tariff and Non-tariff Trade-Policy Barriers in Quantitative General Equilibrium. 2019. |
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