Econometric Analysis: Effect of Barriers on Trade

dc.contributor.author Goerzen, Alexander
dc.contributor.author Schussler, Brandon
dc.contributor.author Suriano, Niccolo
dc.contributor.corporatename Georgia Institute of Technology. School of Economics en_US
dc.date.accessioned 2016-11-29T20:19:47Z
dc.date.available 2016-11-29T20:19:47Z
dc.date.issued 2016-11
dc.description.abstract In this analysis we seek to investigate the impact of various import tariffs on trade as a percentage of GDP. Members of the World Trade Organization (WTO) set up defined tariffs to help facilitate trade with one another. There are specific guidelines for joining, namely the equitable tariff limits that disallow discrimination among countries. These universal rates allow for a firm investigation into how tariffs affect trade as percent of GDP, because it assists in diminishing the impact of substitutes among countries that are not apart of WTO. After regressing the countries’ average weighted tariff to their trade percentage of GDP it was concluded that there is a negative correlation between a country's import tariff and the amount of total trade as percent of GDP. en_US
dc.identifier.uri http://hdl.handle.net/1853/56045
dc.publisher Georgia Institute of Technology en_US
dc.subject Econometric analysis en_US
dc.subject Import tariff en_US
dc.subject Gross Domestic Product (GDP) en_US
dc.title Econometric Analysis: Effect of Barriers on Trade en_US
dc.type Text
dc.type.genre Undergraduate Research Paper
dspace.entity.type Publication
local.contributor.corporatename School of Economics
local.contributor.corporatename Ivan Allen College of Liberal Arts
local.relation.ispartofseries Economics: Econometric Analysis
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