CES Tariff Model with Nesting of Subject and Non-Subject Imports
CES Tariff Model with Nesting of Subject and Non-Subject Imports
Release Date: March 28, 2019
This is a variant of the CES model that allows for a higher elasticity of substitution between the two sources or types of imports. This model is an alternative for simulating the effects of tariff changes on prices and quantities of imports and domestic shipments in the market.
Model Details: Tags:
Perfect Competition
Tariff
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Recommended Citations:
| Riker, D. and Schreiber S. (2020). Structural Equations for PE Models in Group 1 (Perfect Competition). U.S. International Trade Commission. Trade Policy PE Modeling Portal. |