Trade and currency barriers
Résumé
In this paper, I study the link between trade barriers and currency barriers. Using a detailed gravity model I find that a 10% appreciation is equivalent to a 5% increase in the power of the tariffs. This equivalence varies among countries. I do find strong evidence that barriers are not independent from exchange rate movement.
Origine | Fichiers produits par l'(les) auteur(s) |
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