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来源类型Working Paper
规范类型报告
DOI10.3386/w26610
来源IDWorking Paper 26610
Who's Paying for the US Tariffs? A Longer-Term Perspective
Mary Amiti; Stephen J. Redding; David E. Weinstein
发表日期2020-01-06
出版年2020
语种英语
摘要Using data from 2018, a number of studies have found that recent U.S tariffs have been passed on entirely to U.S. importers and consumers. These results are surprising given that trade theory has long stressed that tariffs applied by a large country should drive down foreign prices. Using another year of data including significant escalations in the trade war, we find that U.S. tariffs continue to be almost entirely borne by U.S. firms and consumers. We show that the response of import values to the tariffs increases in absolute magnitude over time, consistent with the idea that it takes time for firms to reorganize supply chains. We find heterogeneity in the responses of some sectors, such as steel, where tariffs have caused foreign exporters to drop their prices substantially, enabling them to export relatively more than in sectors where tariff passthrough was complete.
主题International Economics ; Trade ; Globalization and International Relations
URLhttps://www.nber.org/papers/w26610
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/584283
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Mary Amiti,Stephen J. Redding,David E. Weinstein. Who's Paying for the US Tariffs? A Longer-Term Perspective. 2020.
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