EU Regionalism and External Tariff Protection: The Role of Initial Tariffs and the Heterogeneity of Preferential Market Access

Tobias Ketterer ()

No 2015-03, Discussion Papers from University of Nottingham, GEP

Abstract: This paper provides evidence that the reduction in bound MFN tariffs is significantly larger for products with initially high tariff levels. These findings highlight the sensitivity of the PTA-external tariff question to the inclusion of initial tariffs, putting into perspective the previously identified stumbling block in a European context. Using micro-level trade and tariff data, we also find evidence that the type of trading partner, as well as the consideration of current or anticipated trade preferences matters.

Keywords: Regionalism; Preferential Trade Agreements; External tariff liberalisation; European Union. (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:not:notgep:15/03

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