Date of Final Oral Examination (Defense)
Type of Culminating Activity
Master of Science in Economics
Michail Fragkias Ph.D.
Samia Islam Ph.D.
Kelly Chen Ph.D.
Geoffrey Black Ph.D.
This paper estimates a vector autoregression model for average wine prices across U.S. cities to assess the impact of tariff changes on the U.K., France, Germany, and Spain after they were enacted in October 2019. It uses impulse response functions to gauge how a one-unit impulse in the per-liter duty rate may effect the average wine price in the U.S. and the quantity of wine from various exporters to the U.S. It finds that a one-unit impulse in the duty rate levied against the bloc of countries impacted by the tariff results in a fall in the quantity of wine imported from those countries and that wine from the bloc of countries is substituted with wine from the top three exporters not included in the bloc.
Johnson, Henry, "The Effect of the 2018 Tariffs on European Wine" (2022). Boise State University Theses and Dissertations. 2021.