Article ID Journal Published Year Pages File Type
962975 Journal of International Economics 2013 16 Pages PDF
Abstract
► Low revenue varieties benefit the most from tariff liberalization. ► High revenue varieties may reduce trade following tariff liberalization. ► Empirical support using a case study of US Uruguay Round ad-valorem tariff cuts. ► Naively estimated trade elasticities exhibit a downward bias by roughly one point. ► 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
,