What washing machines can teach us about the cost of tariffs
How Washing Machine Works | Scientific Explanation
We analyze several rounds of U. Using retail price data, we estimate the price effect of these import restrictions by comparing the price changes of washers with those of other appliances. We find that in response to the tariffs on nearly all source countries, the price of washers rose by nearly 12 percent; the price of dryers — a complementary good not subject to tariffs — increased by an equivalent amount. Factoring in the effect of dryers and price increases by domestic brands, our estimates for the tariffs on washers imply a tariff elasticity of consumer prices of between and percent. The antidumping duties against China — which accounted for the overwhelming majority of U. Perhaps surprisingly, the antidumping duties against Korea led to relocation of production to China, actually resulting in lower washer prices in the United States. We find that our measure of the tariff elasticity of consumer prices may differ in sign and magnitude from conventional pass-through estimates which are based on a regression of country-specific import price changes on country-specific tariff changes.
Design of a mechanised pedal washing machine for rural hospitals
Middle East and Africa with sales network that covers over 43, entities Mergent Online, Additionally, in Europe and America, Haier brand has penetrated into the top 10 retail chains. The strategy in developing countries is to expand the number of home appliance franchised stores. Additionally, the expansion strategies to purchase General Motors and enter into a joint agreement with Alibaba have furthered the extent to which Qingdao Haier has expanded their market reach and made their products readily available to consumers. As can be seem in figure 2.
Last Updated: February 25, References. This article was co-authored by Ashley Matuska. Ashley Matuska is the owner and founder of Dashing Maids, a sustainably focused cleaning agency in Denver, Colorado. She has worked in the cleaning industry for over 5 years. There are 15 references cited in this article, which can be found at the bottom of the page.