«Tariff water» and International Trade

Authors

  • Timur Mamedovich Aliev Russian Presidential Academy of National Economy and Public Administration (RANEPA), Russian Foreign Trade Academy
  • Olga Vladimirovna Ponomaryova Russian Foreign Trade Academy (RFTA)

DOI:

https://doi.org/10.24412.2072-8042-2020-10110

Keywords:

international trade, WTO, trade policy, protectionism, uncertainty, regional trade agreements, RTAs, bound tariffs

Abstract

The article deals with the analysis of the tariff regulation of international trade in terms of both the WTO commitments and regional trade agreements. In particular, the authors consider the issue of the difference between the bound and applied tariff rates, the so-called „tariff water“ and review the estimates of potential effects of trade policy uncertainty associated with this phenomenon offered in existing economic research literature. Theoretical and empirical studies show the negative relationship between the level of „tariff water“ and exports to the country. The article was written on the basis of the RANEPA state assignment research programme.

Author Biographies

Timur Mamedovich Aliev, Russian Presidential Academy of National Economy and Public Administration (RANEPA), Russian Foreign Trade Academy

Candidate of Economic Sciences

Work place, position: Russian Presidential Academy of National Economy and Public Administration (11, Prechistenskaya nab., Moscow, 119034, Russian Federation), Russian APEC Study Center - Senior Researcher; Russian Foreign Trade Academy (119285, Moscow, Vorobyevsky Highway, 6A), Institute of International Economics and Finance - Senior Researcher

Olga Vladimirovna Ponomaryova, Russian Foreign Trade Academy (RFTA)

Work place, position: Russian Presidential Academy of National Economy and Public Administration (11, Prechistenskaya nab., Moscow, 119034, Russian Federation), Russian APEC Study Center - Researcher;
Russian Foreign Trade Academy (119285, Moscow, Vorobyevsky Highway, 6A), Institute of International Economics and Finance - Researcher

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Published

2024-02-07

How to Cite

Aliev, T. M., & Ponomaryova, O. V. (2024). «Tariff water» and International Trade. Russian Foreign Economic Journal, (11), 36–46. https://doi.org/10.24412.2072-8042-2020-10110

Issue

No. 11 (2020)

Section

International trade