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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 |
|---|---|---|
Full-text PDF (1.0 MB)
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| Item type | アジ研テクニカルレポート / IDE Technical Report(1) | |||||
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| 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 |
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| 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 |
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| 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 | |||||
