shocks. In this paper, we investigate another potential source of stagflation focusing on tariffs. Relying on the estimation …

productivity. …

GDP and in labour productivity (as well as being adverse for a range of other macroeconomic indicators). …

environments. Besides traditional tariffs, exporting firms need to comply with regulatory non-tariff measures (NTMs) in the form of … challenge to MNEs' subsidiaries' activity and performance than tariffs do. High-tech manufacturing subsidiaries of foreign MNEs … have higher productivity, those with full foreign ownership representation, those that are embedded within a larger …