Breinlich, Holger; Leromain, Elsa; Novy, Dennis; … - 2022
How does import protection affect export performance? In trade models with scale economies, import liberalization can … export growth following the permanent normalization of trade relations with China (PNTR). But there was also an offsetting … quantitative trade model. Counterfactual analysis implies that while PNTR increased aggregate US exports relative to GDP, exports …