WTO tariff commitments and temporary protection: Complements or substitutes?

Kuenzel, David J.

doi:10.1016/j.euroecorev.2019.103344

Cited by 12 publications

(18 citation statements)

References 49 publications

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“…The study further argued that government has control over domestic production of foreign firms particularly for homogenous products. Kuenzel (2020) found a significant inverse relationship between tariff overhangs and trade policy activity. Different share of tariff lines result in alternate outcome; like lower tariff overhangs compel countries to increase Most-Favored Nation (MFN) applied rates without consideration of past tariff independent changes and legal ramifications.…”

Section: Theoretical Frameworkmentioning

confidence: 92%

Comprehensive Analysis of Tariff Barriers Worldwide: A Composite Assessment Approach

Rashid¹,

Basit²,

Qazi

et al. 2021

JAFEE

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International trade has fundamental importance for all the countries and the analysis concerning international trade particularly concerning tariff barriers is high on the agenda of researchers in the field of economics, business and politics. Aim of the study is to assess the world tariff barriers of 158 countries. Overall design of the study comprises of a crisp literature review, data extraction and analysis. It is a study of one hundred fifty-eight countries that uses secondary data taken from World Development Indicators (WDI) 2020. It uses Grey Relational Analysis (GRA) as research methodology. Results of GRA show that Macao SAR, China, Hong Kong, Singapore, Montenegro, Mauritius, Brunei Darussalam, Myanmar, Chile, Peru and Australia have relatively highest grey relational grades meaning thereby, low tariff trade barriers whereas Grenada, Antigua and Barbuda, Belize, Central African Republic, Nepal, Guinea-Bissau, Fiji, Gabon, Barbados, Djibouti, St. Kitts and Nevis have lowest grey relational grade meaning thereby, these countries have high level of tariff based barriers of international trade. Interestingly, all the member countries of European Union occupy the rank of 27 (i.e. all countries have the same rank) which can be explained in the perspective of their union of tariff. Since, they have uniformed tariff policy as against rest of the world, therefore, have same rank. It is a study based on reliable real time data set. The study has value for all stakeholders i.e. international community, local governments, society at large, policy makers, researchers and international institutions.

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Section: Theoretical Frameworkmentioning

confidence: 92%

Comprehensive Analysis of Tariff Barriers Worldwide: A Composite Assessment Approach

Rashid¹,

Basit²,

Qazi

et al. 2021

JAFEE

View full text Add to dashboard Cite

show abstract

“…Negative tariff water represents a rare event in our dataset. Still, readers should keep in mind that developing countries had several years to adjust their applied tariffs to the tariff bindings negotiated during the Uruguay round (Beshkar et al, 2015;Kuenzel, 2020). 14 It is well known that the price elasticity of substitution equals the price elasticity of demand in models based on CES utility functions when the number of varieties is large.…”

Section: Changes In the Measures Of Tariff Water And Market Powermentioning

confidence: 99%

Trade policy uncertainty: Evidence from the Arab League countries

Benaddi

Silva

2021

Rev International Economics

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We investigate the effects of trade policy uncertainty on the entry decisions of exporters into Arab League markets.Using a product-level dataset on World Trade Organization members exporting to Arab League countries for the years 1998-2015, we provide empirical evidence that trade policy uncertainty, a result of significant gaps between tariff bindings and applied tariffs ("tariff water"), led to the reduced entry of exporters into Arab League markets. We then extend our analysis to investigate the effects of policy uncertainty combined with additional uncertainty related to falling incomes associated with the 2007-2010 worldwide economic downturn. Our results suggest that this macroeconomic shock contributed to a considerably more uncertain economic environment, thereby affecting the decision to enter these markets. We also analyze exporters' decisions to enter new markets, while controlling for the level of market power displayed by the Arab League importing country.We find empirical evidence confirming that the effects of uncertainty on entry magnify in the presence of high levels of market power.

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“…If other traderelated policies were adopted around the same time as the changes implemented under the ITA, then our estimates of the latter could be biased. A case in point are non-tariff measures (NTMs), whose adoption may increase after tariff reductions (Kuenzel, 2018). 47 To generate serious concern for our ITA commitment effect estimates, NTMs would need to be targeted at ITA goods exclusively while omitting similar ICT goods.…”

Section: Concerns: Omitted Variables and Endogeneitymentioning

confidence: 99%

Peeling away the layers: Impacts of durable tariff elimination

Gnutzmann‐Mkrtchyan

Henn

2018

Journal of International Economics

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We demonstrate that durable MFN tariff elimination affects trade patterns through several layers, and magnitudes of effects are sizable. The WTO Information Technology Agreement's (ITA) unique setting allows us to overcome the challenges associated with identifying effects of non-discriminatory trade policies due to two reasons: (i) ITA constitutes a quasi-natural experiment of several "passive" signatories joining the agreement as an unavoidable part of pursuing a larger policy objective, and (ii) ITA's partial coverage of the IT sector provides a natural control group for identification based on cross-product variation. Our analysis finds novel nonlinear impacts of tariff liberalization: Complete tariff elimination results in large additional trade gains -over and above tariff reductions -especially for intermediate goods. The commitment to durable tariff elimination, through WTO bindings, adds a further two layers, boosting both imports and exports more than equivalent unilateral reforms. This commitment spurned development of a downstream IT export sector in "passive" signatories. JEL-Codes: F130, F140, F150, L630.

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WTO tariff commitments and temporary protection: Complements or substitutes?

Cited by 12 publications

References 49 publications

Comprehensive Analysis of Tariff Barriers Worldwide: A Composite Assessment Approach

Comprehensive Analysis of Tariff Barriers Worldwide: A Composite Assessment Approach

Trade policy uncertainty: Evidence from the Arab League countries

Peeling away the layers: Impacts of durable tariff elimination

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