| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP16464 |
| DP16464 Intra-Bloc Tariffs and Preferential Margins in Trade Agreements | |
| Emanuel Ornelas; Patricia Tovar | |
| 发表日期 | 2021-08-17 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | We study, theoretically and empirically, how countries choose intra-bloc tariffs and preferential margins when they form Preferential Trade Agreements (PTAs). Our model indicates that countries should set systematically lower preferential margins when the bloc takes the form of a free trade area (where members set external trade policies independently), relative to a customs union (where members coordinate external tariffs). Moreover, in customs unions (but not necessarily in free trade areas) preferential margins should increase with the supply of partner countries and decrease with the level of preferential imports. These relationships reflect, respectively, the internalization of political-economy goals within the bloc and the desire to curb trade diversion. Using a sample that covers most PTAs formed by Latin American countries in the 1990s, when their popularity in the region shot up, we find empirical support for each of those predictions. These findings make clear that the type of PTA matters significantly for the bloc's tariff structure. Our results carry out important implications for the welfare consequences and the social desirability of different types of PTAs. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Regionalism Free trade agreements Customs unions Tariff complementarity Latin america |
| URL | https://cepr.org/publications/dp16464 |
| 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/545422 |
| 推荐引用方式 GB/T 7714 | Emanuel Ornelas,Patricia Tovar. DP16464 Intra-Bloc Tariffs and Preferential Margins in Trade Agreements. 2021. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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