Global Supply Chains and Trade Policy

Autor: Blanchard, Emily J., Bown, Chad P., Johnson, Robert C.
Jazyk: angličtina
Rok vydání: 2016
Předmět:
TRADE LIBERALIZATION
MARKET ACCESS
EXPORT SUBSIDIES
CONCESSIONS
PREFERENTIAL MARKET ACCESS
RETURNS TO SCALE
DOMESTIC PRODUCTION
FOREIGN INVESTORS
PREFERENTIAL TREATMENT
INTERMEDIATE INPUTS
VALUE ADDED
WORLD TRADE
MEASUREMENT
TERMS OF TRADE
EXTERNALITIES
NASH EQUILIBRIUM
INCOME
OUTCOMES
TRADE NEGOTIATIONS
TRADE PATTERNS
SAFEGUARD MEASURES
TRADE PREFERENCES
INCENTIVES
TRADE POLICY INSTRUMENTS
ABSOLUTE VALUE
TRADE EXTERNALITIES
FOREIGN PRODUCERS
TRADE AGREEMENTS
EXTERNALITY
GOODS
EXPORT SHARES
RENT
TRADE DATA
FINAL GOODS
ACCESS
REGIONAL TRADE AGREEMENTS
GRAVITY VARIABLES
TRADE POLICY
WORLD TRADE ORGANIZATION
CONSTANT RETURNS TO SCALE
INPUT TRADE
TARIFF
BILATERAL TRADE DATA
FOREIGN DIRECT INVESTMENT
DEVELOPMENT ECONOMICS
FORMAL ANALYSIS
IMPORT PENETRATION
EXPORTERS
PRICES
TRADE MOTIVES
FOREIGN GOODS
TRADE BARRIERS
APPLIED TARIFF
GROSS OUTPUT
IMPORT PROTECTION
NATIONAL INCOME
WELFARE
WORLD PRICES
PRODUCTION
APPAREL
TRADE AGREEMENT
ELASTICITY
CONSUMPTION
THEORY
APPAREL INDUSTRY
DEVELOPMENT POLICY
TRENDS
FREE TRADE AREAS
TRADE
EQUILIBRIUM
TRADE PROTECTION
SUPPLY
PAYMENTS
FOREIGN PRODUCTION
IMPORT BARRIERS
MULTILATERAL TRADE
IMPORT QUANTITIES
EXPORT SUPPLY
PREFERENTIAL TRADE AGREEMENTS
AGRICULTURE
GENERALIZED SYSTEM OF PREFERENCES
FREE TRADE
ECONOMIC THEORY
CONSUMERS
INTERNATIONAL TRADE POLICY
BILATERAL AGREEMENTS
WTO
GDP
VARIABLES
END USE
UTILITY FUNCTION
BASE YEAR
REGIONAL TRADE
ENDOGENOUS VARIABLES
POLITICAL ECONOMY
WORKER RIGHTS
FOREIGN SUPPLIERS
UTILITY
VALUE
EXPORTS
DOMESTIC INDUSTRY
INPUT-OUTPUT TABLES
ARBITRAGE
TARIFFS
QUANTITATIVE RESTRICTIONS
CUSTOMS UNIONS
ECONOMETRICS
REGIONALISM
BENCHMARK
ANTIDUMPING
INTERNATIONAL TRADE
RECIPROCITY
CONSUMER SURPLUS
MULTILATERAL TRADE LIBERALIZATION
DOMESTIC PRODUCERS
HUMAN CAPITAL
REVENUE
PREFERENTIAL ACCESS
ECONOMIC POLICIES
TAXES
TRADE FLOWS
FREE TRADE AGREEMENTS
BILATERAL TRADE
GROSS EXPORTS
CAPITAL GOODS
ECONOMIC POLICY
ECONOMY
URUGUAY ROUND
DUMPING
TRADE COSTS
TRADE PARTNERS
PREFERENTIAL TRADE
FOREIGN INVESTMENT
PREFERENTIAL AGREEMENT
BILATERAL IMPORTS
TRADE DIVERSION
INPUTS
PRIMARY FACTORS
DOMESTIC SUPPLIERS
FACTORS OF PRODUCTION
EXPORT TAXES
Popis: How do global supply chain linkages modify countries' incentives to impose import protection? Are these linkages empirically important determinants of trade policy? To address these questions, this paper introduces supply chain linkages into a workhorse terms-of-trade model of trade policy with political economy. Theory predicts that discretionary final goods tariffs will be decreasing in the domestic content of foreign-produced final goods. Provided foreign political interests are not too strong, final goods tariffs will also be decreasing in the foreign content of domestically-produced final goods. The paper tests these predictions using newly assembled data on bilateral applied tariffs, temporary trade barriers, and value-added contents for 14 major economies over the 1995-2009 period. There is strong support for the empirical predictions of the model. The results imply that global supply chains matter for trade policy, both in principle and in practice.
Databáze: OpenAIRE