WEKO3
アイテム
Lerner meets metzler : tariff pass-through of worldwide trade
https://doi.org/10.20561/00050735
https://doi.org/10.20561/00050735dd980a06-d25a-403d-880f-a170c1339a49
名前 / ファイル | ライセンス | アクション |
---|---|---|
![]() |
|
Item type | アジ研テクニカルレポート / IDE Technical Report(1) | |||||
---|---|---|---|---|---|---|
公開日 | 2019-02-28 | |||||
タイトル | ||||||
タイトル | Lerner meets metzler : tariff pass-through of worldwide trade | |||||
言語 | ||||||
言語 | eng | |||||
資源タイプ | ||||||
資源タイプ識別子 | http://purl.org/coar/resource_type/c_18gh | |||||
資源タイプ | technical report | |||||
ID登録 | ||||||
ID登録 | 10.20561/00050735 | |||||
ID登録タイプ | JaLC | |||||
著者 |
Kazunobu, Hayakawa
× Kazunobu, Hayakawa |
|||||
抄録 | ||||||
内容記述タイプ | Abstract | |||||
内容記述 | In this paper, we start with quantifying the worldwide tariff pass-through, i.e., the impact of tariff reductions on trade prices. We find that a 1% reduction of tariffs decreases trade prices by 0.1%, i.e., a negative tariff pass-through (Lerner paradox). To uncover the mechanism underlying this result, we decompose trade prices into product quality and quality-adjusted trade prices. As a result, we found that a 1% reduction of tariff rates decreases product quality by 1.2% and increases quality-adjusted trade prices by 1.1% (Metzler paradox). We construct a theoretical model that demonstrates the mechanism behind these empirical results. We suggest that both a firm-delocation mechanism under variable markups and a quality-sorting mechanism are the driving forces behind these empirical findings. Lastly, by employing this theoretical model, we also examine the welfare effect of tariff changes. | |||||
権利 | ||||||
権利情報 | Copyrights 日本貿易振興機構(ジェトロ)アジア経済研究所 / Institute of Developing Economies, Japan External Trade Organization (IDE-JETRO) http://www.ide.go.jp | |||||
収録情報 |
IDE Discussion Paper en : IDE Discussion Paper 巻 741, 発行日 2019-02 |
|||||
出版者 | ||||||
出版者 | Institute of Developing Economies (IDE-JETRO) | |||||
著者版フラグ | ||||||
出版タイプ | VoR | |||||
出版タイプResource | http://purl.org/coar/version/c_970fb48d4fbd8a85 | |||||
JEL分類 | ||||||
主題Scheme | Other | |||||
主題 | JEL:F15 - Economic Integration | |||||
JEL分類 | ||||||
主題Scheme | Other | |||||
主題 | JEL:F53 - International Agreements and Observance • Internat … | |||||
地域/国名 | ||||||
位置情報(自由記述) | World | |||||
キーワード(LSH) | ||||||
主題Scheme | Other | |||||
主題 | Tariff pass-through | |||||
キーワード(LSH) | ||||||
主題Scheme | Other | |||||
主題 | Import prices | |||||
キーワード(LSH) | ||||||
主題Scheme | Other | |||||
主題 | Quality | |||||
フォーマット | ||||||
内容記述タイプ | Other | |||||
内容記述 | application/pdf | |||||
DIG_NO | ||||||
内容記述タイプ | Other | |||||
内容記述 | IDP000741_001 |