@techreport{Ketterer2012Preferences,
abstract = {If a free trade agreement (FTA) is characterized by the exchange of market access with a large and competitive trading partner, the agreement can cause a leakage of protectionist benefits to domestic industry from lobbying against external tariff cuts. This rent destruction effect of an FTA can free policy makers to be more aggressive in multi-lateral tariff cuts. We argue that the Canadian-US free trade agreement (CUSFTA) provides an ideal policy experiment to link this mechanism to the data. Exploring the determinants of Canada's tariff cuts at the 8 digit HS product level, we find that CUSFTA acted as an additional driver of Canadian multilateral tariff reductions during the Uruguay Round.},
address = {M\"{u}nchen},
author = {Tobias Ketterer and Daniel M. Bernhofen and Chris Milner},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {F13; F14; 330; preferences; rent destruction; multilateral liberalization; CUSFTA; Zollpr\"{a}ferenz; Freihandelszone; Interessenpolitik; Au\ss{}enhandelsliberalisierung; Zolltarif; Rententheorie; Theorie; USA; Kanada},
language = {eng},
number = {3985},
publisher = {CESifo},
title = {Preferences, rent destruction and multilateral liberalisation: The building block effect of CUSFTA},
type = {CESifo Working Paper: Trade Policy},
url = {http://hdl.handle.net/10419/66872},
year = {2012}
}
