Quantifying Disruptive Trade Policies

Edward Balistreri, Christoph Böhringer and Thomas F. Rutherford

No 7382, CESifo Working Paper Series from CESifo

Abstract: 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.

Keywords: applied economic analysis; multi-region models; trade policy; monopolistic competition; trade wars (search for similar items in EconPapers)
JEL-codes: C68 F12 F17 (search for similar items in EconPapers)
Date: 2018
New Economics Papers: this item is included in nep-int
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (39)

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Working Paper: Quantifying Disruptive Trade Policies (2018)
Working Paper: Quantifying Disruptive Trade Policies (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:ces:ceswps:_7382

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