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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w27722 |
来源ID | Working Paper 27722 |
When Tariffs Disturb Global Supply Chains | |
Gene M. Grossman; Elhanan Helpman | |
发表日期 | 2020-08-24 |
出版年 | 2020 |
语种 | 英语 |
摘要 | We study unanticipated tariffs on imports of intermediate goods in a setting with firm-to-firm supply relationships. Firms that produce differentiated products conduct costly searches for potential input suppliers and negotiate bilateral prices with those that pass a reservation level of match productivity. Global supply chains are formed in anticipation of free trade. Once they are in place, the home government surprises with an input tariff. This can lead to renegotiation with initial suppliers or new search for replacements. We identify circumstances in which renegotiation generates improvement or deterioration in the terms of trade. The welfare implications of a tariff are ambiguous in this second-best setting, but plausible parameter values suggest a welfare loss that rises rapidly at high tariff rates. |
主题 | International Economics ; Trade |
URL | https://www.nber.org/papers/w27722 |
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/585394 |
推荐引用方式 GB/T 7714 | Gene M. Grossman,Elhanan Helpman. When Tariffs Disturb Global Supply Chains. 2020. |
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 | ||
w27722.pdf(787KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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