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Essays on Barriers to Trade.
~
ProQuest Information and Learning Co.
Essays on Barriers to Trade.
紀錄類型:
書目-語言資料,手稿 : Monograph/item
正題名/作者:
Essays on Barriers to Trade./
作者:
Wong, Woan Foong.
面頁冊數:
1 online resource (285 pages)
附註:
Source: Dissertation Abstracts International, Volume: 78-12(E), Section: A.
標題:
Economics. -
電子資源:
click for full text (PQDT)
ISBN:
9780355064230
Essays on Barriers to Trade.
Wong, Woan Foong.
Essays on Barriers to Trade.
- 1 online resource (285 pages)
Source: Dissertation Abstracts International, Volume: 78-12(E), Section: A.
Thesis (Ph.D.)--The University of Wisconsin - Madison, 2017.
Includes bibliographical references
Chapter 1 studies transport costs as market outcomes and highlights the round trip effect, a key feature of the transportation industry that links transport supply between locations. Incorporating transportation into an Armington trade model, this effect mitigates shocks on a country's trade with its partner and generates spillovers onto its opposite direction trade with the same partner. A country's import tariffs can therefore translate into a potential tax on its exports to the same partner. Using novel container freight rates data, I develop an instrumental variable based on this effect to estimate the containerized trade elasticity with respect to freight rates. Using my elasticity estimates as well as my trade and transportation model, I simulate a counterfactual increase in US import tariffs on all its partners. This tariff increase not only decreases overall US imports but also US exports on the same bilateral routes.
Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2018
Mode of access: World Wide Web
ISBN: 9780355064230Subjects--Topical Terms:
555568
Economics.
Index Terms--Genre/Form:
554714
Electronic books.
Essays on Barriers to Trade.
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Source: Dissertation Abstracts International, Volume: 78-12(E), Section: A.
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Advisers: Robert Staiger; Lisa K. Bilir.
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Thesis (Ph.D.)--The University of Wisconsin - Madison, 2017.
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Includes bibliographical references
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Chapter 1 studies transport costs as market outcomes and highlights the round trip effect, a key feature of the transportation industry that links transport supply between locations. Incorporating transportation into an Armington trade model, this effect mitigates shocks on a country's trade with its partner and generates spillovers onto its opposite direction trade with the same partner. A country's import tariffs can therefore translate into a potential tax on its exports to the same partner. Using novel container freight rates data, I develop an instrumental variable based on this effect to estimate the containerized trade elasticity with respect to freight rates. Using my elasticity estimates as well as my trade and transportation model, I simulate a counterfactual increase in US import tariffs on all its partners. This tariff increase not only decreases overall US imports but also US exports on the same bilateral routes.
520
$a
Both regional and multilateral trade agreements abide by the non-discriminatory (Most-Favored Nation, MFN) clause to varying degrees. Chapter 2 investigates the free rider effect that can stem from the MFN clause and how it impacts country incentives towards these agreements. This chapter extends the equilibrium model of endogenous trade liberalization via trade agreements developed by Saggi and Yildiz (2010) to better capture the effects of MFN. Within multilateral agreements, the free rider effect eliminates global free trade as an equilibrium even when countries have symmetric market power. Within regional agreements, smaller countries are excluded more under the equilibrium with MFN compared to without.
520
$a
Chapter 3 investigates the robustness of the spillover result in chapter 1 by relaxing one of its main theoretical assumptions---that trade quantities between locations are balanced. By modeling the presence of negotiated contracts in the transportation industry as a search and bargaining process between exporting manufacturers and transport firms, this paper shows that the main spillover results still hold without requiring the balanced quantity assumption. This provides evidence for the robust relationship between the round trip effect and the spillover of shocks between a country's two-way trade with one particular trading partner via transport costs.
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Electronic reproduction.
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Ann Arbor, Mich. :
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ProQuest,
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2018
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Mode of access: World Wide Web
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Economics.
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http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=10599089
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click for full text (PQDT)
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