Whence the Beef: The Effect of Repealing Mandatory Country of Origin Labeling (COOL) Using a Vertically Integrated Armington Model with Monte Carlo Simulation

Increasingly, international trade policy analysis explores the economic effects of changes in advalorem tariffs or equivalent nontariff measures on vertically integrated markets for which high quality data are unavailable. Standard Constant Elasticity of Substitution (CES) Armington models fail to a...

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