Resource Center

Advanced Search
Technical Papers
Working Papers
Research Memoranda
GTAP-L Mailing List
GTAP FAQs
CGE Books/Articles
Important References
Submit New Resource

GTAP Resources: Resource Display

GTAP Resource #6048

"The Impact of Chinese Retaliatory Tariffs on U.S. Cotton Industry"
by Yuan, Hongyi, Yangxuan Liu, Jing Liu and Cesar Escalante


Abstract
This research investigates the impacts of retaliatory tariffs imposed by China on U.S. cotton exports and the U.S. tariffs on Chinese textile products due to the recent escalation of trade dispute between these two largest economies in the world. The cotton industry seems to be severely undermined due to the intimate trade relationship between these two countries over time. This research utilizes the Global Trade Analysis Project (GTAP) model to generate estimates for export values, export volumes and employment situations in terms of cotton and textile sectors in the U.S. and the rest of the world. GTAP model can also predict changes in general economic well-being associated with the implementation of tariffs. To achieve these objectives, we proposed a special version of the GTAP model named GTAP-CTTN by redesigning the levels of regional and sectoral aggregations based on the latest release of standard GTAP database. The GTAP results underscore important potential economic consequences brought by the tariffs. As the U.S. trade policy exhibits inconsistency and even contradiction, it is crucial for decision-makers and farmers to beware of the vulnerability of cotton industry as well as the global cotton supply chain when facing tariffs enforced by trade partners.


Resource Details (Export Citation) GTAP Keywords
Category: 2020 Conference Paper
Status: Published
By/In: Presented during the 23rd Annual Conference on Global Economic Analysis (Virtual Conference)
Date: 2020
Version:
Created: Yuan, H. (4/14/2020)
Updated: Yuan, H. (5/12/2020)
Visits: 1,156
- Agricultural policies
- Trade in textiles and wearing apparel
- Asia (East)
- Asia (Southeast)
- North America


Attachments
If you have trouble accessing any of the attachments below due to disability, please contact the authors listed above.


Public Access
  File format Paper  (1.6 MB)   Replicated: 0 time(s)
  File format Presentation  (1,012.8 KB)   Replicated: 0 time(s)


Restricted Access
No documents have been attached.


Special Instructions
No instructions have been specified.


Comments (0 posted)
You must log in before entering comments.

No comments have been posted.