Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
962975 | Journal of International Economics | 2013 | 16 Pages |
Abstract
⺠Low revenue varieties benefit the most from tariff liberalization. ⺠High revenue varieties may reduce trade following tariff liberalization. ⺠Empirical support using a case study of US Uruguay Round ad-valorem tariff cuts. ⺠Naively estimated trade elasticities exhibit a downward bias by roughly one point. ⺠These effects were also relevant for other trade shocks, such as exchange rates.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Alan C. Spearot,