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The Effect of Tariff Adjustments on Contemporary International Trade: Evidence from Bulgaria-USA Trade

Author

Listed:
  • Daniela Bobeva-Filipova
  • Emil Panusheff
  • Nedialko Nestorov
  • Atanas Pavlov

Abstract

The paper presents a developed and tested methodology for assessing the effects of tariff changes and the introduction of new tariffs on Bulgarian exports to the United States. Drawing on modern evaluations of trade approaches, the analysis accounts for the specific characteristics of bilateral trade, shaped by Bulgaria’s high degree of openness, EU membership, and active participation in global value chains. The proposed methodology evaluates the impact of tariff introduction through three assessment options – based on price elasticity, demand, and market concentration. The results are systematised, and policy-relevant conclusions for Bulgaria’s national trade strategy are outlined.

Suggested Citation

  • Daniela Bobeva-Filipova & Emil Panusheff & Nedialko Nestorov & Atanas Pavlov, 2025. "The Effect of Tariff Adjustments on Contemporary International Trade: Evidence from Bulgaria-USA Trade," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 8, pages 3-16.
    • Handle: RePEc:bas:econst:y:2025:i:8:p:3-16
    as

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    File URL: http://archive.econ-studies.iki.bas.bg/2025/2025_08/2025_08_01.pdf
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    References listed on IDEAS

    as
    1. Eduard Marinov, 2023. "On some changes in the theory and practice of economic integration," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 293-306.
    2. Iskra Christova-Balkanska, 2018. "Changes in International Trade and Investments after the Global Financial Crisis," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 6, pages 85-94.
    3. Mitko Dimitrov & Alexander Tassev & Nedialko Nestorov, 2021. "Contribution of SMEs to the Bulgarian Export," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 72-92.
    4. Christoph E. Boehm & Andrei A. Levchenko & Nitya Pandalai-Nayar, 2023. "The Long and Short (Run) of Trade Elasticities," American Economic Review, American Economic Association, vol. 113(4), pages 861-905, April.
    5. Alberto Cavallo & Gita Gopinath & Brent Neiman & Jenny Tang, 2021. "Tariff Pass-Through at the Border and at the Store: Evidence from US Trade Policy," American Economic Review: Insights, American Economic Association, vol. 3(1), pages 19-34, March.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • C54 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Quantitative Policy Modeling

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