Cassette, Aurélie and Farvaque, Etienne (2009): Australian and American tariffs policies: do they rock or tango?
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This paper disentangles between two hypotheses on the determinants of Australia's and the US' average tariffs levels. Relying on historical data that covers a century (1904 to 2005), it is first shown that a break in the series occurs in 1947, forcing to separate the data into two sub-periods (before and after the 1947 break). The results permit to distinguish a "rock" and a "tango" regime. The first designates the period where one country (the US) has a stronger influence on the other, while the second indicates that, after 1947, stronger reciprocal inter-relations have to be taken into account.
|Item Type:||MPRA Paper|
|Original Title:||Australian and American tariffs policies: do they rock or tango?|
|Keywords:||Australia, United States, Trade Policy, Tariffs|
|Subjects:||C - Mathematical and Quantitative Methods > C3 - Multiple or Simultaneous Equation Models ; Multiple Variables > C32 - Time-Series Models ; Dynamic Quantile Regressions ; Dynamic Treatment Effect Models ; Diffusion Processes ; State Space Models
F - International Economics > F1 - Trade > F13 - Trade Policy ; International Trade Organizations
F - International Economics > F1 - Trade > F14 - Empirical Studies of Trade
P - Economic Systems > P1 - Capitalist Systems > P16 - Political Economy
|Depositing User:||Pr. Etienne Farvaque|
|Date Deposited:||20. Feb 2009 13:55|
|Last Modified:||20. Feb 2013 20:40|
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