Australian and American tariffs policies: do they rock or tango?

Aurélie Cassette and Etienne Farvaque

MPRA Paper from University Library of Munich, Germany

Abstract: This paper disentangles between two hypotheses on the determinants of Australia's and the US' average tariffs levels. Relying on historical data that covers a century (1904 to 2005), it is first shown that a break in the series occurs in 1947, forcing to separate the data into two sub-periods (before and after the 1947 break). The results permit to distinguish a "rock" and a "tango" regime. The first designates the period where one country (the US) has a stronger influence on the other, while the second indicates that, after 1947, stronger reciprocal inter-relations have to be taken into account.

Keywords: Australia; United States; Trade Policy; Tariffs (search for similar items in EconPapers)
JEL-codes: C32 F13 F14 P16 (search for similar items in EconPapers)
Date: 2009-02-19, Revised 2009-02-25
New Economics Papers: this item is included in nep-his
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/13627/1/MPRA_paper_13627.pdf original version (application/pdf)

Related works:
Working Paper: Australian and American tariffs policies: do they rock or tango? (2009)
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:pra:mprapa:13627

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().