Impact of Free Trade Agreement Use on Import Prices

Kazunobu Hayakawa, Nuttawut Laksanapanyakul, Hiroshi Mukunoki, Shujiro Urata

研究成果: Article

抜粋

We examine the impact of free trade agreement (FTA) use on import prices. For this analysis, we employ establishment-level import data with information on tariff schemes, that is, the FTA and most-favored-nation schemes used for importing. Unlike previous studies, we estimate the effects of FTA use on prices by controlling for differences in importing-firm characteristics. There are three main findings. First, the effect of FTA use is overestimated when not controlling for importing firm-related fixed effects. Second, on average, firms' FTA use reduces tariffs by 12 percentage points and raises import prices by 3.6-6.7 percent. Third, in general, we do not find a price rise resulting from the costs of complying with rules of origin.

元の言語English
ページ(範囲)643-660
ページ数18
ジャーナルWorld Bank Economic Review
33
発行部数3
DOI
出版物ステータスPublished - 2019 10 1

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ASJC Scopus subject areas

  • Accounting
  • Development
  • Finance
  • Economics and Econometrics

これを引用

Hayakawa, K., Laksanapanyakul, N., Mukunoki, H., & Urata, S. (2019). Impact of Free Trade Agreement Use on Import Prices. World Bank Economic Review, 33(3), 643-660. https://doi.org/10.1093/wber/lhx026