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On the characteristics of tariff rates: permanent or temporary shocks?

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  • Jai Mah

Abstract

The characteristics of tariff rates in the United States and five major European countries are revealed, based on the unit root tests acknowledging structural breaks. Finding structural breakpoints endogenously, it is shown that the crash type tariff rate level breaks can be found in the tariff history of Denmark, Sweden, Switzerland, and the United States. In case of acknowledging structural breaks, tariff rates of France, Switzerland and the United States are characterized by temporary shocks.

Suggested Citation

  • Jai Mah, 1996. "On the characteristics of tariff rates: permanent or temporary shocks?," Applied Economics Letters, Taylor & Francis Journals, vol. 3(6), pages 401-403.
    • Handle: RePEc:taf:apeclt:v:3:y:1996:i:6:p:401-403
    DOI: 10.1080/135048596356311
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    References listed on IDEAS

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    1. Zivot, Eric & Andrews, Donald W K, 2002. "Further Evidence on the Great Crash, the Oil-Price Shock, and the Unit-Root Hypothesis," Journal of Business & Economic Statistics, American Statistical Association, vol. 20(1), pages 25-44, January.
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    3. Guilkey, David K. & Schmidt, Peter, 1989. "Extended tabulations for Dickey-Fuller tests," Economics Letters, Elsevier, vol. 31(4), pages 355-357, December.
    4. Bohara, Alok K. & Kaempfer, William H., 1994. "Tariff behavior in five European countries: Further evidence," Economics Letters, Elsevier, vol. 45(2), pages 213-216, June.
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