Arbeitspapier
Quantifying Disruptive Trade Policies
Mainstream economic wisdom favoring cooperative free trade is challenged by a wave of disruptive trade policies. In this paper, we provide quantitative evidence concerning the economic impacts of tariffs implemented by the United States in 2018 and the subsequent retaliations by partner countries. Our analysis builds on a multi-region multi-sector general-equilibrium simulation model of the global economy that includes an innovative monopolistic-competition structure of bilateral representative firms.
- Sprache
-
Englisch
- Erschienen in
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Series: CESifo Working Paper ; No. 7382
- Klassifikation
-
Wirtschaft
Computable General Equilibrium Models
Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
Trade: Forecasting and Simulation
- Thema
-
applied economic analysis
multi-region models
trade policy
monopolistic competition
trade wars
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Balistreri, Edward J.
Böhringer, Christoph
Rutherford, Thomas F.
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2018
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Balistreri, Edward J.
- Böhringer, Christoph
- Rutherford, Thomas F.
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2018