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Economic Impact of Tariff Hikes -A CGE model analysis-
https://doi.org/10.24545/00001619
https://doi.org/10.24545/0000161977935405-18e6-4469-825c-235dc7fac762
| 名前 / ファイル | ライセンス | アクション |
|---|---|---|
DP18-05.pdf (420.0 kB)
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| Item type | ディスカッションペーパー / Discussion Paper(1) | |||||||
|---|---|---|---|---|---|---|---|---|
| 公開日 | 2018-06-20 | |||||||
| タイトル | ||||||||
| タイトル | Economic Impact of Tariff Hikes -A CGE model analysis- | |||||||
| 言語 | en | |||||||
| 言語 | ||||||||
| 言語 | eng | |||||||
| キーワード | ||||||||
| 主題Scheme | Other | |||||||
| 主題 | US | |||||||
| キーワード | ||||||||
| 主題Scheme | Other | |||||||
| 主題 | Tariff | |||||||
| キーワード | ||||||||
| 主題Scheme | Other | |||||||
| 主題 | Protectionism | |||||||
| キーワード | ||||||||
| 主題Scheme | Other | |||||||
| 主題 | CGE model | |||||||
| 資源タイプ | ||||||||
| 資源タイプ | technical report | |||||||
| ID登録 | ||||||||
| ID登録 (DOI) | 10.24545/00001619 | |||||||
| ID登録タイプ | JaLC | |||||||
| 著者 |
KAWASAKI, Kenichi
× KAWASAKI, Kenichi
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| 著者別名 | ||||||||
| 識別子Scheme | WEKO | |||||||
| 識別子 | 8715 | |||||||
| 姓名 | 川﨑, 研一 | |||||||
| 言語 | ja | |||||||
| 著者所属 | ||||||||
| 値 | 政策研究大学院大学 / National Graduate Institute for Policy Studies | |||||||
| 抄録 | ||||||||
| 内容記述タイプ | Abstract | |||||||
| 内容記述 | The US imposed US tariffs on steel and aluminum imports in March 2018. An estimate of the economic impact of tariff hikes made using a Computable General Equilibrium (CGE) model of global trade, incorporating a dynamic capital formation mechanism, indicates that US import tariffs could protect the relevant US sectors but would have a negative impact on the US economy at the macro level. This key policy finding could not be attributed to the conventional framework of fixed labor in a CGE model. Also, a sensitivity analysis using a CGE model indicates that international capital movements would differentiate the impact of tariff hikes among countries. Trade deficits themselves would not necessarily be of much concern given the somewhat compensatory benefits of international capital inflows. On the other hand, possible capital outflows could exaggerate the adverse effects of tariff hikes. It is estimated here that for an import tariff hike of one percentage point worldwide, global trade would decrease by around 1.7 per cent and global GDP would decrease by around 0.2 per cent. It is of concern that emergent protectionism would reduce the growth of both global trade and the global economy. | |||||||
| 内容記述 | ||||||||
| 内容記述タイプ | Other | |||||||
| 内容記述 | JEL Classification Codes: D58, F13, F14, F16, F17 | |||||||
| 発行年 | ||||||||
| 値 | 2018-06 | |||||||
| 書誌情報 |
en : GRIPS Discussion Papers Report No. DP18-05, 発行日 2018-06-20 |
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| 出版者 | ||||||||
| 出版者 | GRIPS Policy Research Center | |||||||
| 言語 | en | |||||||
| 著者版フラグ | ||||||||
| 出版タイプ | AM | |||||||
| 出版タイプResource | http://purl.org/coar/version/c_ab4af688f83e57aa | |||||||
