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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w25613 |
来源ID | Working Paper 25613 |
Trade Diversion and Trade Deficits: The Case of the Korea-U.S. Free Trade Agreement | |
Katheryn N. Russ; Deborah L. Swenson | |
发表日期 | 2019-03-04 |
出版年 | 2019 |
语种 | 英语 |
摘要 | We study whether tariff preferences conferred on South Korean goods through the implementation of the Korea-U.S. Free Trade Agreement (KORUS) drew U.S. import demand away from other U.S. trading partners through the phenomenon known as trade diversion. In the two years following the implementation of KORUS, trade diversion was particularly strong for U.S. imports of consumption goods and for trade partners who already had free trade agreements with the U.S. Our estimates of trade diversion sum to $13.1 billion in 2013 and $13.8 billion in 2014. Notably, these estimates of trade diversion are roughly of the same magnitude as the increase in the U.S. bilateral goods trade deficit with South Korea. Thus, while increased U.S. imports from South Korea may have increased the U.S.-South Korea bilateral trade deficit, the fact that KORUS diverted U.S. import demand away from other trading partners implies new U.S. imports from Korea stimulated by the KORUS did not expand the overall U.S. trade deficit. |
主题 | International Economics ; Trade ; International Macroeconomics |
URL | https://www.nber.org/papers/w25613 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/583287 |
推荐引用方式 GB/T 7714 | Katheryn N. Russ,Deborah L. Swenson. Trade Diversion and Trade Deficits: The Case of the Korea-U.S. Free Trade Agreement. 2019. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w25613.pdf(426KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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