Torelli, Raffaele (A.A. 2024/2025) Tariff shocks in global value chains: heterogeneous effects on EU exports to the United States. Tesi di Laurea in Internet and network economics, Luiss Guido Carli, relatore Filippo Bontadini, pp. 54. [Master's Degree Thesis]

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Abstract/Index

Trade policy and tariffs in EU–USA relations. Institutional framework of EU–US trade relations. Evolution of US tariffs on EU products (2000–2020). Tariff changes as common external shocks. Economic theory and model. Tariffs as macroeconomic trade-cost shocks. From bilateral trade to general equilibrium effects. Global value chains as shock transmission mechanisms. Literature review. Tariffs, trade costs and international trade flows. Global value chains, intermediates and shock transmission. Conceptual framework. Global value chains, trade costs and shock propagation. Testable hypotheses. Data and measurement. Trade flows: intermediate and final exports. Tariffs and statutory trade-cost measures. Network-based exposure to us final demand. Outcome and exposure measures. Exporter-side shocks and control variables. Econometric framework. Baseline gravity specification. Identification in an EU→USA setting. Estimation method and inference. Results. Baseline effects of US tariffs. Indirect versus total exposure. The role of direct US market orientation. Quantitative interpretation of heterogeneous effects.

References

Bibliografia: pp. 51-53.

Thesis Type:	Master's Degree Thesis
Institution:	Luiss Guido Carli
Degree Program:	Master's Degree Programs > Master's Degree Program in Data Science e Management (LM-91)
Chair:	Internet and network economics
Thesis Supervisor:	Bontadini, Filippo
Thesis Co-Supervisor:	Morandini, Lorenza
Academic Year:	2024/2025
Session:	Extraordinary
Deposited by:	Alessandro Perfetti
Date Deposited:	18 Jun 2026 06:49
Last Modified:	18 Jun 2026 06:49
URI:	https://tesi.luiss.it/id/eprint/46185

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