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008181016s2018    onc     ob   f000 0 eng d
040 |aCaOODSP|beng
041 |aeng|bfre
043 |an-cn---
0861 |aFB3-7/2018-29E-PDF
1001 |aCharbonneau, Karyne.
24510|aEstimating the impacts of tariff changes |h[electronic resource] : |btwo illustrative scenarios / |cby Karyne B. Charbonneau and Anthony Landry.
260 |aOttawa : |bBank of Canada, |cc2018.
300 |aii, 16 p.
4901 |aStaff analytical note = Note analytique du personnel, |x2369-9639 ; |v2018-29
500 |aCover title.
504 |aIncludes bibliographical references.
5203 |a"We build upon new developments in the international trade literature to construct a quantitative Ricardian framework similar to Caliendo and Parro (2015) to isolate and estimate the long-run economic impacts of tariff changes. Our framework incorporates the most recent data and shows that the trade elasticities have changed considerably since the 1990s - highlighting the need to use recent data to quantitatively evaluate newly imposed and proposed tariff schedules. We apply our model and use our estimated elasticities to measure the long-run economic impact of the recently announced US tariffs on steel and aluminium and the first round of additional tariffs between the United States and Chine. Our results suggest that modifying the current global tariff schedules would imply considerable changes in trade flows and sectoral reallocations, but modest impacts on long-run output levels."--Abstract, p. ii.
546 |aIncludes abstract in French.
693 4|aInternational trade
7001 |aLandry, Anthony Emmanuel.
7102 |aBank of Canada.
830#0|aStaff analytical note,|x2369-9639 ; |v2018-29|w(CaOODSP)9.807323
85640|qPDF|s468 KB|uhttps://publications.gc.ca/collections/collection_2018/banque-bank-canada/FB3-7-2018-29-eng.pdf