TY - GEN AU - Morales, Fernando AU - Pierola, Martha Denisse AU - Volpe Martincus, Christian TI - A Microeconomic Look at the Impact of Tariffs on Latin American Exports PY - 2019 Y1 - 2019/12/13 DO - 10.18235/0002076 AB - The impact of tariff changes on aggregate bilateral trade flows operates through both the intensive and extensive margins of trade. However, there is a difference in the timing of this impact. After a tariff fall, the immediate adjustment in export flows comes about via the intensive margin. The reaction from the extensive margin seems to happen one year later. We thus focus on the intensive margin and find that the impact on it is heterogenous. Higher tariffs are more detrimental to larger firms than to their smaller counterparts. UR - https://doi.org/10.18235/0002076 ER -