CHOKED BY RED TAPE? THE POLITICAL ECONOMY OF WASTEFUL TRADE BARRIERS

• 成果类型: Article
• 署名作者: Maggi, Giovanni; Mrazova, Monika; Neary, J. Peter
• 署名单位: Yale University; Getulio Vargas Foundation; University of Geneva; Centre for Economic Policy Research - UK; Leibniz Association; Ifo Institut; University of Oxford
• 刊物名称: INTERNATIONAL ECONOMIC REVIEW
• ISSN/ISSBN: 0020-6598
• DOI: 10.1111/iere.12533
• 发表日期: 2022
• 页码: 161-188
• 关键词: facilitation; Tariff; PROTECTION; AGREEMENTS

摘要

The implications of red-tape barriers (RTBs) under lobbying pressures differ markedly from those of traditional trade barriers. RTBs affect the extensive margin of trade and may respond in opposite ways to reductions in tariffs versus reductions in natural trade costs: The former induce a protectionist backlash that may reduce trade both at the intensive and extensive margin, whereas the latter may induce a reduction in RTBs magnifying the direct trade-increasing effects. Furthermore, if tariff commitments are optimized, the availability of RTBs limits the extent of tariff liberalization, and political uncertainty tends to increase the prevalence of RTBs.