Arbeitspapier

Race-to-the-bottom tariff cutting

This paper provides an empirical assessment of race-to-the-bottom unilateralism. It suggests that decades of unilateral tariff cutting in Asia's emerging economies have been driven by a competition to attract FDI from Japan. Using spatial econometrics, I show that tariffs on parts and components, a crucial locational determinant for Japanese firms, converged across countries following a contagion pattern. Tariffs followed those of competing countries if the latter were lower, if FDI jealousy was high, and when competing countries were at a similar level of development.

Sprache
Englisch

Erschienen in
Series: Graduate Institute of International and Development Studies Working Paper ; No. 12/2010

Klassifikation
Wirtschaft
Trade Policy; International Trade Organizations
Economic Integration
Economic History: Transport, Trade, Energy, Technology, and Other Services: Asia including Middle East
Thema
trade policy
political economy
unilateralism
Zollpolitik
Standortwettbewerb
Direktinvestition
Japan
Handelseffekt
Asien

Ereignis
Geistige Schöpfung
(wer)
Vézina, Pierre-Louis
Ereignis
Veröffentlichung
(wer)
Graduate Institute of International and Development Studies
(wo)
Geneva
(wann)
2010

Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Vézina, Pierre-Louis
  • Graduate Institute of International and Development Studies

Entstanden

  • 2010

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