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DTSTART:20241027T030000
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UID:calendar.135814.field_date.0@www.tse-fr.eu
DTSTAMP:20260607T053334Z
CREATED:20241003T091001Z
DESCRIPTION:Joris Hoste (Cambridge University)\, “In Hot Water: Clarifying 
 the Price Effects of Brexit”\, Industrial Organization seminar\, TSE\, Nov
 ember 4\, 2024\, 14:15–15:30\, room Auditorium 4.\n\nNon-trade-policy barr
 iers remain key in explaining patterns of trade and their presence motivat
 es many deep trade agreements. Their nature and welfare effects\, however\
 , remain poorly understood. We quantify how non-trade-policy barriers betw
 een the EU-UK changed following the introduction of the Trade and Cooperat
 ion Agreement (TCA). Focusing on the bottled water industry\, which was no
 t subject to changing trade policy barriers\, we find that UK consumer pri
 ces of imported bottled water rose by 17% relative to consumer prices of t
 he same products in continental Europe. We attribute this to rising transp
 ort costs as freight rates on UK-bound routes also rose by 30% relative to
  non-UK routes. Finally\, we leverage a partial equilibrium model of the b
 ottled water industry to quantify the contribution of the rise of freight 
 rates to the rise in the final consumer prices of bottled water. Our findi
 ngs explain how changes in a complementary market facilitating goods trade
  can lead to market fragmentation in the absence of changes in trade-polic
 y barriers.
DTSTART;TZID=Europe/Paris:20241104T141500
DTEND;TZID=Europe/Paris:20241104T153000
LAST-MODIFIED:20260113T095129Z
LOCATION:TSE\, November 4\, 2024\, 14:15–15:30\, room Auditorium 4
SUMMARY:Industrial Organization seminar
URL;TYPE=URI:https://www.tse-fr.eu/seminars/2024-hot-water-clarifying-price
 -effects-brexit
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