| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w25767 |
| 来源ID | Working Paper 25767 |
| The Production Relocation and Price Effects of U.S. Trade Policy: The Case of Washing Machines | |
| Aaron B. Flaaen; Ali Hortaçsu; Felix Tintelnot | |
| 发表日期 | 2019-04-22 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | We analyze several rounds of U.S. import restrictions against washing machines. Using retail price data, we estimate the price effect of these import restrictions by comparing the price changes of washers with those of other appliances. We find that in response to the 2018 tariffs on nearly all source countries, the price of washers rose by nearly 12 percent; the price of dryers—a complementary good not subject to tariffs—increased by an equivalent amount. Factoring in the effect of dryers and price increases by domestic brands, our estimates for the 2018 tariffs on washers imply a tariff elasticity of consumer prices of between 110 and 230 percent. The 2016 antidumping duties against China—which accounted for the overwhelming majority of U.S. imports—led to minor price movements due to subsequent production relocation to other export platform countries. Perhaps surprisingly, the 2012 antidumping duties against Korea led to relocation of production to China, actually resulting in lower washer prices in the United States. We find that our measure of the tariff elasticity of consumer prices may differ in sign and magnitude from conventional pass-through estimates which are based on a regression of country-specific import price changes on country-specific tariff changes. Production relocation effects, price changes by domestic brands, and price changes of complementary goods all contribute to the differences between these measures. |
| 主题 | International Economics ; Trade ; International Factor Mobility ; Industrial Organization ; Firm Behavior ; Industry Studies |
| URL | https://www.nber.org/papers/w25767 |
| 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/583441 |
| 推荐引用方式 GB/T 7714 | Aaron B. Flaaen,Ali Hortaçsu,Felix Tintelnot. The Production Relocation and Price Effects of U.S. Trade Policy: The Case of Washing Machines. 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 | ||
| w25767.pdf（1598KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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