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The international spillover effects of US trade policy uncertainty

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  • Suwanprasert, Wisarut

Abstract

This paper examines the international spillover effects on the exports from 30 of the United States’ major trading partners of the removal of US trade policy uncertainty, when China joined the WTO in 2001, by using product-level data at the HS-6 level, from 1991 to 2007. The empirical analysis discovers that removing US trade policy uncertainty has sizable positive spillover effects on Canada, Mexico, Brazil, Belgium, France, Germany, The Netherlands, Norway, Spain, Sweden, Switzerland, the United Kingdom, Hong Kong, India, and New Zealand. The countries that experience negative spillover effects are Austria, Japan, and Taiwan.

Suggested Citation

  • Suwanprasert, Wisarut, 2022. "The international spillover effects of US trade policy uncertainty," Economics Letters, Elsevier, vol. 212(C).
    • Handle: RePEc:eee:ecolet:v:212:y:2022:i:c:s016517652200009x
    DOI: 10.1016/j.econlet.2022.110286
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    References listed on IDEAS

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    Cited by:

    1. Liu, Zhenhua & Zhang, Huiying & Ding, Zhihua & Lv, Tao & Wang, Xu & Wang, Deqing, 2022. "When are the effects of economic policy uncertainty on oil–stock correlations larger? Evidence from a regime-switching analysis," Economic Modelling, Elsevier, vol. 114(C).
    2. Wisarut Suwanprasert, 2023. "The International Spillover Effects of Trade Policy Uncertainty on the Stockpiling and Destocking of US Imports," PIER Discussion Papers 200, Puey Ungphakorn Institute for Economic Research.
    3. Deng, Mingyu & Wang, Mingxi, 2022. "Artificial regression test diagnostics for impact measures in spatial models," Economics Letters, Elsevier, vol. 217(C).

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    More about this item

    Keywords

    Trade policy uncertainty; Tariffs; China shock; NTR gap; International spillover;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade

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