Having made huge investments in U.S. truck production, foreign producers are not about to leave even if the truck tariff is eliminated. After all, foreign carmakers continue to invest in new U.S. production facilities even though the duty on automobiles is only 2.5 percent. The bottom line is that car...
This paper presents new estimates of the average tariff on total and dutiable U.S. imports from 1790 to 1820. These previously unavailable series are comparable to the tariff figures available from 1821 in the Historical Statistics of the United States. These early tariffs were much lower, on average, than those...
Recent research has suggested that the antebellum U.S. cotton textile industry would have been wiped out had it not received tariff protection. It reaffirms Taussig's judgment that the U.S. cotton textile industry was largely independent of the tariff by the 1830s. American and British producers specialized in quite different types...
This paper uses history to explore the empirical content of two determinants of tariff policy that have a long pedigree: the Stolper-Samuelson corollary to the Heckscher-Ohlin theorem, and the infant-industry argument for protection. It reports a set of world tariff facts for the 150 years between 1789 and 1938 that...
A specific tariff determines the tariff at the border by placing the amount in relation to the quantity of the good imported; perhaps the tariff might be a certain amount of dollars per bottle of wine or a certain amount of Euro per ton of steel. These types of tariffs...
This paper shows that the effects of tariff changes on welfare and import volume can be fully characterized by their effects on the generalized mean and variance of the tariff distribution. Using these tools, the paper derives new results for welfare- and market-access-improving tariff changes, which imply two 'cones of...
A dynamic overlapping-generations model of a semi-small open economy with monopolistic competition in the goods market is constructed. A tariff increase reduces real output and employment and improves the terms of trade, both in the impact period and in the new steady state. The tariff shock has significant intergenerational distribution...
Using a newly constructed database, this paper examines the tariff-jumping response of all firm and product combinations subject to U.S. AD investigations from 1980-1990. The results strongly support the hypothesis that tariff-jumping is only a realistic option for multinational firms from industrialized countries. Because many firms subject to U.S. AD...
The Indian government has filed a complaint with the World Trade Organization WTO panel against European Commission EC facility of granting tariff preferences on textile products to Pakistan. The EC allowed tariff preferences on clothing to Pakistan in December 2001 under the EC Program of special arrangements to combat drug...
The authors have developed a model of consumer tariff choice and demand for Internet access under three-part tariff pricing. With three-part tariffs, the provider charges an access fee that includes a usage allowance and a per-unit price for usage in excess of the allowance. Such pricing is commonly found in...
Auto suppliers aren't expecting any steel price relief from the exemptions to the steel tariff President Bush announced Thursday. The 178 exemptions, as with all exemptions to the tariff, are for specific grades of steel for specific products. I Auto suppliers...
Economic Partnership Agreement between Indonesia and Japan will lead to slashing of tariff and non-tariff barriers, Trade Minister Mari Elka Pangestu said. Indonesia and Japan have agreed to form Joint Investment Committee as an initial step toward E Economic Partnership Agreement between Indonesia and Japan will...
This paper studies the structure and evolution of trade protection in the Middle East and North African MENA countries in 1990s. MENA countries use tariffs and nontariff barriers, and tariff dispersion and nontariff barriers, as substitutes protection measures. Tariff levels and tariff dispersion are complements. The paper also develops an...
Models of tariff formation commonly explain the average tariff as a function of domestic level macroeconomic and political variables. Absent from these models are the international-level processes and institutions that govern trade policy, particularly negotiations under the General Agreement on Tariffs and Trade. This paper argues that the GATT's institutionalized...
MANILA, Oct 23 Asia Pulse - The technical committee of the Tariff Related Matters TRM has decided to maintain the existing tariff rates for most favored nation MFN under the World Trade Organization WTO as well as to the petrochemical sector i MANILA, Oct 23...
OKLAHOMA CITY AP -- Oilmen from Oklahoma are bound for Washington, D.C., with about 10,000 signatures from state residents who want Congress to impose a tariff on imported oil.
This paper examines the reform of the external tariff initiated by the CEMAC and the WAEMU that is aimed at reinforcing their economic integration. Overall, there is broad compliance with the streamlined and moderate rates, but with significant deviations from the harmonized paths in several countries. WAMZ countries, except Ghana,...
By explicitly accounting for the interaction between importers and corrupt customs officials the paper argues that setting trade tariff rate at a uniform level not only limits the ability of public officials to extract bribes from importers but also can deliver higher government revenues and welfare than a Ramsey tariff...
This paper examines tariff and non-tariff policies that restrict trade between countries in agricultural commodities. Many of these policies are now subject to important disciplines under the 1994 GATT agreement that is administered by the World Trade Organization WTO. The paper is organized as follows. First, tariffs, import quotas, and...
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