Showing 1 - 2 of 2
Estimates of the trade elasticity based on actual trade policy changes are scarce, and the few that exist are all over the place. This paper offers a setting where an exogenous increase in a border tax can be used to estimate the trade elasticity. It shows theoretically and empirically that if...
Persistent link: https://www.econbiz.de/10011919464
empirical tests, motivated by a simple theory, demonstrate that low-liquidity firms amplified its transmission. …
Persistent link: https://www.econbiz.de/10012294883