北京pc28在线预测

北京pc28在线预测前沿高端讲座第八十六讲

Incomplete Tariff Passthrough at the Firm-level: Evidence from the U.S.-China Trade Disputes

主讲人：贺骋远 助理教授（厦门大学北京pc28在线预测院）

主持人：谢明佳 助理教授（北京pc28在线预测李安民经济研究院）

嘉宾介绍：余莉 助理教授（北京pc28在线预测李安民经济研究院）

时间：2025年5月30日（周五） 10:00 – 11:30（北京时间）

地点：北京pc28在线预测崇山校区五洲园一楼会议室

线上地址：腾讯会议846-7809-5157

语言：中文/英文

摘要：Recent studies on the U.S.-China trade dispute suggest that the increases in U.S. import tariffs were completely borne by U.S. importers. However, using firm-level data from the U.S. Census, we find that tariff pass-through is incomplete for firms that continue importing the same product from the same country. Large importers experience higher pass-through and account for a greater share of import. Firms that import new products or source from different countries pay higher prices than those maintaining existing relationships. Thus, the observed complete pass-through in prior studies reflects import reallocation toward firms with higher pass-through or more costly new supplier relationships. To explain these patterns, we incorporate a firm-specific import price with two-sided market power into a standard importer model. We show that fixed import costs, an elastic foreign export supply, and the greater bargaining power of large U.S. importers help account for the empirical findings.

主讲人简介：贺骋远是任职于厦门大学北京pc28在线预测院的助理教授。他目前的研究兴趣是国际价值链，公司动态，贸易动态，国际经济周期和存货调整等。