IDEAS home Printed from https://ideas.repec.org/a/gta/jnlgea/v10y2025i1p1-49.html
   My bibliography  Save this article

Quantifying Disruptive Trade Policies

Author

Listed:
  • Edward Balistreri
  • Christoph Boehringer
  • Thomas Rutherford

Abstract

We present an innovative analytical framework that captures key mechanisms of international trade, and we demonstrate its usefulness as a tool for quantitative trade policy analysis. Our application relates to the tariff changes implemented by the United States in 2018 with subsequent retaliations by partner countries, particularly China. The framework is a multi-region multi-sector general equilibrium simulation model of the global economy. Our core contribution is to introduce a new trade structure that includes monopolistic competition among bilateral representative firms (BRF). We compare simulation results from the BRF structure to those from standard trade formulations of perfect and monopolistic competition. We find that the BRF structure leads to substantially larger trade and welfare changes induced by tariff shocks.

Suggested Citation

  • Edward Balistreri & Christoph Boehringer & Thomas Rutherford, 2025. "Quantifying Disruptive Trade Policies," Journal of Global Economic Analysis, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, vol. 10(1), pages 1-49, June.
    • Handle: RePEc:gta:jnlgea:v:10:y:2025:i:1:p:1-49
    DOI: https://doi.org/10.21642/JGEA.100101AF
    as

    Download full text from publisher

    File URL: https://jgea.org/ojs/index.php/jgea/article/view/280/260
    Download Restriction: no
    File URL: https://libkey.io/https://doi.org/10.21642/JGEA.100101AF?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gta:jnlgea:v:10:y:2025:i:1:p:1-49. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jeremy Douglas (email available below). General contact details of provider: https://edirc.repec.org/data/gtpurus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.