The Production Relocation and Price Effects of US Trade Policy: The Case of Washing Machines
研究了美国对洗衣机进口限制的价格效应，发现2018年关税使洗衣机价格上涨近12%，且未受关税影响的干衣机价格也同等上涨，表明关税对消费者价格的影响弹性大于1。
We estimate the price effect of US import restrictions on washers. The 2012 and 2016 antidumping duties against South Korea and China were accompanied by downward or minor price movements along with production relocation to other export platform countries. With the 2018 tariffs, on nearly all source countries, the price of washers increased nearly 12 percent. Interestingly, the price of dryers—not subject to tariffs—increased by an equivalent amount. Factoring in dryer prices and price increases by domestic brands, the 2018 tariffs on washers imply a tariff elasticity of consumer prices of above one.