@article{Isakova:332360,
      recid = {332360},
      author = {Isakova, Asel and Koczan, Zsoka and Plekhanov, Alexander},
      title = {How much do tariffs matter? Evidence from the Customs  Union of Belarus, Kazakhstan and Russia},
      address = {2013},
      pages = {21},
      year = {2013},
      note = {Presented at the 16th Annual Conference on Global Economic  Analysis, Shanghai, China},
      abstract = {This paper provides an empirical analysis of the early  impact of the formation of the customs union of Belarus,  Kazakhstan and Russia and associated changes in import  schedules on the structure of imports of the three member  countries. Trade creation effects appear to have been  insignificant, except in trade between Russia and third  countries where Russian tariffs decreased. At the same time  the change in tariffs appears to have created some trade  diversion, with a significantly negative impact on imports  from China to Kazakhstan in particular and a significantly  positive impact on imports from within the customs union to  Kazakhstan. The magnitude of this effect is relatively  small, however. The results suggest that the benefits of  the new tariff policy per se to member countries are  limited at best. Larger benefits could come from a gradual  removal of non-tariff barriers.},
      url = {http://ageconsearch.umn.edu/record/332360},
}