Trade Policy and Structural Change

Kato, Hayato; Suzuki, Kensuke; Takahashi, Motoaki

Trade Policy and Structural Change

Kato, Hayato; Suzuki, Kensuke; Takahashi, Motoaki

Discussion Papers In Economics And Business, 2025, 25-07

アクセス数:10件（2025-09-01 14:50 集計）

固定URL: https://hdl.handle.net/11094/102579

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タイトル	Trade Policy and Structural Change
著者	NRID 1000030837703 1000030837703 ORCID 0000-0002-2063-8453 0000-0002-2063-8453 researchmap permalink 30837703 30837703 Scopus Author ID 57200115385 57200115385 著者名 Kato, Hayato
	著者名 Suzuki, Kensuke
	著者名 Takahashi, Motoaki
キーワード等	Ricardian model of trade
	Structural transformation
	Nonhomothetic preferences
	Capital accumulation
	Trade war
JEL分類コード (JEL)	F11
	F13
	O41
抄録	We examine how tariffs affect sectoral composition and welfare in an economy with nonhomothetic preferences and sectors being complements—key drivers of structural change. Beyond their conventional role in trade protection, tariffs influence industrial structure by altering relative prices and income levels. We qualitatively characterize these mechanisms and use a quantitative dynamic model to show that a counterfactual 20-percentage-point increase in U.S. manufacturing tariffs since 2001 would have raised the manufacturing value-added share by one percentage point and increased welfare by 0.36 percent. However, if all the U.S. trading partners responded reciprocally, U.S. welfare would have declined by 0.12 percent.
出版者	Graduate School of Economics, The University of Osaka
収録物名	Discussion Papers In Economics And Business
巻(号)	25-07
刊行年月	2025-08
言語	英語
ハンドルURL	https://hdl.handle.net/11094/102579
関連情報 (references)	URI https://www2.econ.osaka-u.ac.jp/econ_society/dp/2507.pdf
アクセス権	metadata only access
カテゴリ	ディスカッション／ワーキング・ペーパー DP/WP
カテゴリ	Discussion Papers In Economics And Business

資源タイプ	テクニカルレポート
ローカル資源タイプ	ディスカッション／ワーキング・ペーパー
DCMI資源タイプ	text
DCTERMS.bibliographicCitation	Discussion Papers In Economics And Business. 2025, 25-07
DC.title	Trade Policy and Structural Change
DC.creator	Kato, Hayato
	Suzuki, Kensuke
	Takahashi, Motoaki
DC.publisher	Graduate School of Economics, The University of Osaka
DC.language' scheme='DCTERMS.RFC1766	英語
DC.type' scheme='DCTERMS.DCMIType	text
DCTERMS.issued' scheme='DCTERMS.W3CDTF	2025-08
DC.relation' scheme='DCTERMS.URI	https://www2.econ.osaka-u.ac.jp/econ_society/dp/2507.pdf
DC.subject	Ricardian model of trade
	Structural transformation
	Nonhomothetic preferences
	Capital accumulation
	Trade war
DCTERMS.abstract	We examine how tariffs affect sectoral composition and welfare in an economy with nonhomothetic preferences and sectors being complements—key drivers of structural change. Beyond their conventional role in trade protection, tariffs influence industrial structure by altering relative prices and income levels. We qualitatively characterize these mechanisms and use a quantitative dynamic model to show that a counterfactual 20-percentage-point increase in U.S. manufacturing tariffs since 2001 would have raised the manufacturing value-added share by one percentage point and increased welfare by 0.36 percent. However, if all the U.S. trading partners responded reciprocally, U.S. welfare would have declined by 0.12 percent.
DC.format	102579
citation_title	Trade Policy and Structural Change
citation_author	Kato, Hayato
	Suzuki, Kensuke
	Takahashi, Motoaki
citation_publisher	Graduate School of Economics, The University of Osaka
citation_language	英語
citation_date	2025-08
citation_journal_title	Discussion Papers In Economics And Business
citation_volume	25-07
citation_public_url	https://hdl.handle.net/11094/102579
citation_abstract_html_url	https://www2.econ.osaka-u.ac.jp/econ_society/dp/2507.pdf

Trade Policy and Structural Change

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