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The costs of trade protectionism: evidence from Spanish firms and non-tariff measures

Dmitri Kirpichev and Enrique Moral-Benito ()
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Dmitri Kirpichev: CEMFI

No 1814, Working Papers from Banco de España, Working Papers Homepage

Abstract: The rise in non-tariff protectionist measures has been associated to the weakness in global trade over the last few years. We investigate the effect of non-tariff barriers (NTBs) on exports growth over the period 2009-2013 using administrative data at the firm-product-destination level in Spain. According to our findings, non-tariff protectionist measures significantly reduce exports growth at the product-destination level. Moreover, NTBs also hinder exports growth at the firm level and negatively affect other firm outcomes such as productivity growth. In contrast, the impact of liberalizing non-tariff measures is not statistically significant.

Keywords: protectionism; non-tariff measures; firm level data (search for similar items in EconPapers)
JEL-codes: F10 F30 F40 G15 G21 G32 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-bec, nep-eec and nep-int
Date: 2018-05
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