28.05.2025
12:30-13:30
Bilateral Trade Deficits and "Fair" Tariffs
WIFO Research Seminar
Organised by: Austrian Institute of Economic Research
Language: English
WIFO, Helene-Lieser-Saal or online via MS Teams
Yoto V. Yotov and Gabriel Felbermayr demonstrate that the workhorse trade model – structural gravity model of trade – is very well suited to capture bilateral trade imbalances.
Then, they capitalise on this property to detect asymmetries in bilateral trade costs, which, in turn, may be the basis for the calculation of "fair" tariffs.
Please be aware that this seminar will be recorded and published digitally.