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.

Language
Englisch

Bibliographic citation
Series: Oldenburg Discussion Papers in Economics ; No. V-415-18

Classification
Wirtschaft
Computable General Equilibrium Models
Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
Trade: Forecasting and Simulation
Subject
Applied economic analysis
Multi-region models
Trade policy
Monopolistic competition
Trade wars

Event
Geistige Schöpfung
(who)
Böhringer, Christoph
Rutherford, Thomas F.
Balistreri, Edward J.
Event
Veröffentlichung
(who)
University of Oldenburg, Department of Economics
(where)
Oldenburg
(when)
2018

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Böhringer, Christoph
  • Rutherford, Thomas F.
  • Balistreri, Edward J.
  • University of Oldenburg, Department of Economics

Time of origin

  • 2018

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