Tariff Reciprocity

James Anderson and Yoto Yotov

No 34052, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: ‘Effective’ tariff index comparisons are spotlighted in media reports on trade wars and trade talks. Deficiency in the index used for comparisons misleads public opinion and policy makers. We offer an import volume equivalent uniform tariff index to replace the import-weighted average ‘effective’ tariff. Its share weights embody their general equilibrium dependence on all country and product tariffs. Reciprocal reductions in the indexes are: (i) consistent with the objective of reciprocal exchange of market access, and (ii) decompose into the product of buyer and seller incidences of tariffs that reflect domestic political economy objectives.

JEL-codes: F13 (search for similar items in EconPapers)
Date: 2025-07
New Economics Papers: this item is included in nep-int
Note: ITI
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.nber.org/papers/w34052.pdf (application/pdf)
Access to the full text is generally limited to series subscribers, however if the top level domain of the client browser is in a developing country or transition economy free access is provided. More information about subscriptions and free access is available at http://www.nber.org/wwphelp.html. Free access is also available to older working papers.

Related works:
Working Paper: Tariff Reciprocity (2025)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nbr:nberwo:34052

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w34052
The price is Paper copy available by mail.

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().