The Impact of Non‐tariff Barriers on Trade and Welfare
Bibliographic Data
| ID | 9728568 |
|---|---|
| Authors | Swati Dhingra (0000-0001-5468-3415, LSE, Centre for Economic Performance and CEPR, corresponding author), Rebecca Freeman (0000-0001-6493-5997, Centre for Economic Performance London UK), Hanwei Huang (0000-0001-5238-8594, City University of Hong Kong) |
| Year | 2023 |
| Volume | 90 |
| Issue | 357 |
| Pages | 140-177 |
| Publication date | 2023-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Economica (JOURNAL) |
| Journal identifiers | ISSN: 0013-0427 • E-ISSN: 1468-0335 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/ecca.12450 |
| OpenAlex | W3132545806 |
| Language | EN |
| Citations received | 12 |
| References cited | 48 |
Deep trade agreements (DTAs) are widespread and have taken the world beyond tariff liberalization in goods trade. As the importance of global supply chains and the services sector has increased across the world, shallow tariff reductions have given way to deeper commitments that address non‐tariff barriers and behind‐the‐border barriers to trade. This paper shows that DTA commitments undertaken since the Uruguay Round have increased trade in goods and trade in services by over half in the long term. Taking reduced‐form trade elasticity estimates to a general equilibrium quantitative model, DTAs contributed over 40% to the welfare gains from trade globally and even more for advanced economies. China, India and the Eastern European bloc benefited the most from trade agreements. While most of the gains in China and India came from tariff reductions, the gains to Eastern Europe came largely from deep commitments during its accession to the EU. Applying the DTA estimates to ex ante analysis of Brexit, the losses to the UK from its departure from the deepest trade agreement in the world would not be offset by new deep trade deals with key non‐EU trade partners
Accession · China · Commercial policy · Comparative advantage · Computable general equilibrium · Economic integration · Economics · Economy · European union · Free trade · Geography · Goods and services · International economics · International free trade agreement · International trade · Macroeconomics · Tariff · Trade barrier · Welfare · Global trade and economics · International Business and FDI · International Development and Aid
Deep trade agreements and trade costs
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Biased Tax Enforcement as a Trade Barrier
The Effect of Non-Tariff Measures on Trade in Medical Products During the Covid-19 Pandemic
Domestic Demand or Trade Retaliation? China's Policy Responses to U.S. Tariff Hikes
Liberalising non‐tariff measures through regional trade agreements
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Quantifying the Impact of Deep Trade Agreements on Services Trade
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The diverse effects of non‐tariff measures on free trade agreements
China’s Duty-Free Trade Policy to Bangladeshi Products
An Advanced Guide to Trade Policy Analysis
Further simulation evidence on the performance of the Poisson pseudo-maximum likelihood estimator
Trade and Labor Market Dynamics
Terms of trade and global efficiency effects of free trade agreements, 1990–2002
Estimates of the Trade and Welfare Effects of Nafta
Gravity Equations
Imported Intermediate Inputs and Domestic Product Growth
The Long and Short of the Canada-U.S. Free Trade Agreement
Gravity for Dummies and Dummies for Gravity Equations
The Return to Protectionism
An Illustrated User Guide to the World Input–Output Database
New Trade Models, Same Old Gains?
Trade, Migration, and Productivity
Gravity with Gravitas
The Pure Theory of Public Expenditure
The Log of Gravity
Gravity Estimations with Interval Data
The Costs of Economic Nationalism
Processing Trade, Tariff Reductions and Firm Productivity
Do free trade agreements actually increase members' international trade
Brexit
| Unique citing works | 12 |
|---|---|
| Citations per year | 4 |
| Citation span | 2023 - 2026 (4) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 10 |