TY  - JOUR
AU  - Kowalczyk, Carsten
AU  - Davis, Donald
TI  - Tariff Phase-Outs: Theory and Evidence from GATT and NAFTA
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 5421
PY  - 1996
Y2  - January 1996
DO  - 10.3386/w5421
UR  - http://www.nber.org/papers/w5421
L1  - http://www.nber.org/papers/w5421.pdf
N1  - Author contact info:
Carsten Kowalczyk

Donald R. Davis
Department of Economics
Columbia University
1004 International Affairs Building
420 West 118th St.
New York, NY 10027
Tel: 212/854-4037
Fax: 212/854-8059
E-Mail: drd28@columbia.edu
M1  - published as Carsten Kowalczyk, Donald R. Davis. "Tariff Phase-Outs: Theory and Evidence from GATT and NAFTA," in Jeffrey A. Frankel, editor, "The Regionalization of the World Economy" University of Chicago Press (1998)

AB  - This paper considers tariff phase-outs in multilateral and preferential agreements.  The paper finds that early GATT rounds primarily were over bindings of existing rates and that it was not until the 1962-67 Kennedy Round's 50% reduction in manufactured goods tariffs that time paths of tariff reductions became a substantive part of GATT agreements.  Existing empirical work has demonstrated that U.S. industries with high initial tariffs tended to receive long periods for tariff adjustment or tended to be exempted from agreed reductions in both the Kennedy and Tokyo Rounds.  This paper demonstrates that high U.S. tariffs and little intra-industry trade are associated with long NAFTA phase-out periods for U.S. imports from Mexico.  Mexico's phase-outs are correlated, on the other hand, with those of the United States but not generally with Mexico's tariffs.
ER  -