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«Tariff water» and International Trade

Author

Listed:
  • Timur Mamedovich Aliev

    (Russian Foreign Trade Academy
    Russian Presidential Academy of National Economy and Public Administration)

  • Olga Vladimirovna Ponomareva

    (Russian Foreign Trade Academy
    Russian Presidential Academy of National Economy and Public Administration)

Abstract

The article deals with the analysis of the tariff regulation of international trade in terms of both the WTO commitments and regional trade agreements. In particular, the authors consider the issue of the difference between the bound and applied tariff rates, the so-called "tariff water" and review the estimates of potential effects of trade policy uncertainty associated with this phenomenon offered in existing economic research literature. Theoretical and empirical studies show the negative relationship between the level of „tariff water“ and exports to the country. The article was written on the basis of the RANEPA state assignment research programme

Suggested Citation

  • Timur Mamedovich Aliev & Olga Vladimirovna Ponomareva, 2020. "«Tariff water» and International Trade," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 11, pages 36-46, November.
    • Handle: RePEc:alq:rufejo:rfej_2020_11_36-46
    DOI: 10.24411/2072-8042-2020-10110
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