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This collection of papers by former students and colleagues celebrates the profound impact that Jagdish Bhagwati has had on the field of international economics over the past three decades. Bhagwati, who is the Arthur Lehman Professor of Economics at Columbia University, has made pathbreaking...
Persistent link: https://www.econbiz.de/10004973168
Do trade reforms that significantly reduce import barriers lead to faster economic growth? In the two decades since the critical survey of empirical work on this question by Francesco Rodriguez and Dani Rodrik in 2000, new research has tried to overcome the various methodological problems that...
Persistent link: https://www.econbiz.de/10012867590
Taiwan was the first developing country to adopt an export-oriented trade strategy after World War II. The factors usually associated with big shifts in policy—a macroeconomic crisis, a change in political power or institutions, lobbying by export interests, pressure from international...
Persistent link: https://www.econbiz.de/10013213509
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Persistent link: https://www.econbiz.de/10005826698
We analyze Senate roll-call votes concerning tariffs on specific goods in order to understand the economic and political factors influencing the passage of the Smoot-Hawley Tariff Act of 1930. Contrary to recent studies emphasizing the partisan nature of the Congressional votes, our reading of...
Persistent link: https://www.econbiz.de/10005829651
In the century after the Civil War, roughly two-thirds of U.S. dutiable imports were subject to specific duties whose …
Persistent link: https://www.econbiz.de/10005829994
to 25 percent and imports soared as a result, but there was little change in domestic production. Using data from 1826 to …
Persistent link: https://www.econbiz.de/10005830289
This paper provides a historical look at how the multilateral trading system has coped with the challenge of shocks and shifts. By shocks we mean sudden jolts to the world economy in the form of financial crises and deep recessions, or wars and political conflicts. By shifts we mean slow-moving,...
Persistent link: https://www.econbiz.de/10009368125
imports in an effort to force other countries to revalue their currencies against the dollar. The import surcharge was lifted …
Persistent link: https://www.econbiz.de/10009397150