Will Increasing Tariffs on China Really Bring the Manufacturing Plants Back to the U.S.?

IF 16.4 1区化学 Q1 CHEMISTRY, MULTIDISCIPLINARY Accounts of Chemical Research Pub Date : 2020-03-23 DOI:10.1080/1226508X.2020.1744464

Lei Wang, G. Hewings

引用次数: 3

Abstract

ABSTRACT This paper investigates whether the recent rise in tariffs on goods produced in China will lead processing trade manufacturing plants now located in China to delocate to the U.S. By using a hypothetical extraction method and examining the global value chains of income, we compare the factor payments in the Chinese and U.S. manufacturing sectors. Our estimates indicate that the average tariff rate necessary to move the processing trade firms is 48.15%, i.e. well above the current 25% rate. However, the average tariff rate needed for shifting China's processing plants to Mexico decease to 20.32%.

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对中国加征关税真的会让制造业工厂回到美国吗?

摘要:本文探讨了近期中国产品关税的提高是否会导致目前位于中国的加工贸易制造工厂迁往美国。本文采用假设的提取方法，并考察了全球收入价值链，比较了中美制造业部门的要素支付。我们的估计表明，转移加工贸易公司所需的平均关税税率为48.15%，即远高于目前25%的税率。然而，将中国加工厂转移到墨西哥所需的平均关税税率降至20.32%。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Accounts of Chemical Research 化学-化学综合

CiteScore

31.40

自引率

1.10%

发文量

312

审稿时长

2 months

期刊介绍： Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.