We perform the first empirical study of the impact of temporary trade protection on firm investment in R&D. Using a firm-level panel of the beneficiaries of safeguard protection between 1975 and 2005, we find support for predictions from the theoretical literature that temporary tariffs...

We perform the first empirical study to focus on the relationship between trade protection and investment in Research and Development. Our results support predictions from the theoretical literature that temporary tariffs stimulate research and development, although we find no evidence that this...

This is the first empirical study to examine Congressional support of a new law that distributes antidumping duties to protected firms. Because the law produces a transparent measure of how much each firm was rewarded for its efforts to secure the bill's passage, it provides researchers with a...

This is the first empirical study to examine Congressional support of an antidumping law that directs the U.S. Customs Service to distribute collected duties to protected firms. The law produces a highly transparent measure of how much each firm is rewarded for its rent-seeking efforts to secure...

Although trade wars have existed throughout modern history, there is little empirical evidence as to how countries choose which industries to target for retaliatory tariffs. We develop a political economy model of trade policy to explain a country’s choice of product for retaliation and test...