industrial share of the country where the policy is implemented. In addition, examining the welfare effects of tariffs, we find …

Were high import tariffs somehow related to the strong U.S. economic growth during the late nineteenth century? This … paper examines this frequently mentioned but controversial question and investigates the channels by which tariffs could … expansion and capital accumulation than on productivity growth; (ii) tariffs may have discouraged capital accumulation by …

and productivity impacts are magnified when tariffs rise during expansions and when they are imposed by more advanced or … smaller (as opposed to developing or larger) economies; effects are asymmetric, being larger when tariffs go up than when they …