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Persistent link: https://www.econbiz.de/10009753991
Conventional wisdom holds that protectionism is counter-cyclic; tariffs, quotas and the like grow during recessions …-war era, protectionism has not actually moved counter-cyclically. Tariffs and non-tariff barriers simply do not rise … years, using eighteen measures of protectionism and seven of business cycles. I also provide some hints as to why …
Persistent link: https://www.econbiz.de/10013106645
protectionism. Specifically, countries that remained on the gold standard resorted to tariffs, import quotas, and exchange controls …
Persistent link: https://www.econbiz.de/10013152228
In the evolving debate and analysis of global imbalances, a commonly overlooked issue pertains to rising protectionism …
Persistent link: https://www.econbiz.de/10012760524
It has long been recognized that a country's tariffs are the endogenous outcome of a rent-seeking game whose equilibrium reflects national institutions. Thus, the structure of tariffs across industries provides insights into how institutions, as reflected in tariff policies, affect long-term...
Persistent link: https://www.econbiz.de/10012761657
, they cannot explain the post-1929 increase in trade costs. Protectionism seems the most likely alternative candidate …
Persistent link: https://www.econbiz.de/10012764519
In this paper we derive a new measure of openness—trade potential index—that quantifies potential gains from trade as a simple function of data. Using a standard multicountry trade model, we measure openness by a country's potential welfare gain from moving to a world with frictionless...
Persistent link: https://www.econbiz.de/10012994894
Trade policy depends on the extent to which the government wants to redistribute income as well as on a country's overall factor endowments and their distribution. While the government's desire to redistribute income itself is dependent on asset distribution, it is to a large extent also driven...
Persistent link: https://www.econbiz.de/10013218716
-globalization sentiment. Furthermore, individuals view protectionism and anti-immigrant policies as complements rather than as substitutes …
Persistent link: https://www.econbiz.de/10013222242
We analyze a rich cross-country data set that contains information on attitudes toward trade as well as a broad range of socio-demographic and other indicators. We find that pro-trade preferences are significantly and robustly correlated with an individual's level of human capital, in the manner...
Persistent link: https://www.econbiz.de/10013247190