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Data for "Who's Paying for the U.S. Tariffs? A Longer-Term Perspective"

Version
V0
Resource Type
Dataset
Creator
  • Amiti, Mary (Federal Reserve Bank of New York)
  • Redding, Stephen (Princeton University)
  • Weinstein, David (Columbia University)
Publication Date
2020-08-20
Free Keywords
Trade; tariffs; China; trade war
Description
  • Abstract

    Using data from 2018, a number of studies have found that recent U.S tariffs have been passed on entirely to U.S. importers and consumers. These results are surprising given that trade theory has long stressed that tariffs applied by a large country should drive down foreign prices. Using another year of data including significant escalations in the trade war, we find that U.S. tariffs continue to be almost entirely borne by U.S. firms and consumers. We show that the response of import values to the tariffs increases in absolute magnitude over time, consistent with the idea that it takes time for firms to reorganize supply chains. We find heterogeneity in the responses of some sectors, such as steel, where tariffs have caused foreign exporters to drop their prices substantially, enabling them to export relatively more than in sectors where tariff passthrough was complete.
Temporal Coverage
  • 2016-01-01 / 2019-10-31
    Time Period: Fri Jan 01 00:00:00 EST 2016--Thu Oct 31 00:00:00 EDT 2019
Availability
Download
This study is freely available to the general public via web download.
Relations
  • Has version
    DOI: 10.3886/E117142V1-22545
  • Has version
    DOI: 10.3886/E117142V1
  • Has version
    DOI: 10.3886/E117142V2
Publications
  • Amiti, Mary, Stephen J. Redding, and David E. Weinstein. “Who’s Paying for the US Tariffs? A Longer-Term Perspective.” AEA Papers and Proceedings 110 (May 2020): 541–46. https://doi.org/10.1257/pandp.20201018.
    • ID: 10.1257/pandp.20201018 (DOI)

Update Metadata: 2020-08-20 | Issue Number: 4 | Registration Date: 2020-02-02

Amiti, Mary; Redding, Stephen; Weinstein, David (2020): Data for "Who's Paying for the U.S. Tariffs? A Longer-Term Perspective". Version: V0. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E117142