Trade Policies Mix and Match

• Tác giả: Hiau Looi Kee
• Ngôn ngữ: eng
• Ký hiệu phân loại: 330 Economics
• Thông tin xuất bản: Washington, DC: World Bank, 2024
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 317492
• Chủ đề: 1. AD VALOREM EQUIVALENT; 2. EXTERNALITIES; 3. NON-TARIFF MEASURES; 4. TARIFFS; 5. TRADE POLICIES

Tóm tắt

This paper studies the factors affecting governments' mixed use of tariffs and non-tariff measures (NTMs) as trade and industrial policies. Results based on detailed bilateral-product-level ad valorem equivalent estimates for a wide range of countries show that restrictive NTMs coexist with lower tariffs, particularly for high-income importing countries, low-income exporting countries, country pairs with deep trade agreements, and products with consumption externalities. A terms-of-trade model with externalities rationalizes the results. The model is further used to shed light on the recent Sino-EU battery electric vehicle (BEV) disputes, whereby the EU imposed NTMs on top of the tariffs on China's BEVs