jorge-d
Joined 14 years ago
Joined 14 years ago
Disclosure: I'm CTO of an ITSM product in this space (Siit), so I think about this a lot.
[1] https://rubyonrails.org/2024/11/7/rails-8-no-paas-required
[0]https://europa.eu/youreurope/citizens/consumers/shopping/vat...
"To calculate reciprocal tariffs, import and export data from the U.S. Census Bureau for 2024. Parameter values for ε and φ were selected. The price elasticity of import demand, ε, was set at 4.
Recent evidence suggests the elasticity is near 2 in the long run (Boehm et al., 2023), but estimates of the elasticity vary. To be conservative, studies that find higher elasticities near 3-4 were drawn on. The elasticity of import prices with respect to tariffs, φ, is 0.25."[0]
[0] https://ustr.gov/issue-areas/reciprocal-tariff-calculations
So yeah it's starting to be phased-out little by little but there is definitely the same exposure in here.
Yeah we're living in an absolute hellhole here in the UE, damn those institutions for trying to protect the general population against megacorps / missinformation. (/s)
It honestly feel more like the comment section on Youtube or Facebook sometimes around here.
[1] https://www.bloomberg.com/news/articles/2023-12-04/openai-ri...
I'm sure you could use the same datapoint to cover more zones (cf their Github repo https://github.com/electricitymaps/electricitymaps-contrib/b...)