How exporters neutralised an increase in tariffs
Cargando...
Fecha
2024-03
Autores
Título de la revista
ISSN de la revista
Título del volumen
Editor
John Wiley and Sons Inc
Resumen
I use the unanticipated and large additional tariffs the US imposed on European Union products due to the Airbus-Boeing conflict to analyse how exporters reacted to a change in trade policy. Using firm-level data for Spain and applying a difference-in-differences methodology, I show that the export revenue in the US of the firms affected by the tariff hike did not significantly decrease relative to the one of other Spanish exporters to the US. I show that Spanish exporters were able to neutralise the increase in tariffs by substituting Spanish products with products originated in countries unaffected by tariffs and shifting to varieties not affected by tariffs. My results show that tariff avoidance is another margin exporters can use to counteract the effects of a tariff hike
Palabras clave
Airbus-Boeing conflict
Exporting firms
Spain
Tariff avoidance
Tariffs
US
Exporting firms
Spain
Tariff avoidance
Tariffs
US
Descripción
Materias
Cita
Minondo, A. (2024). How exporters neutralised an increase in tariffs. World Economy, 47(3), 1274-1296. https://doi.org/10.1111/TWEC.13492