Feenstra, Robert C.; Hong, Chang - National Bureau of Economic Research - 2024
in import tariffs, and we apply this method to the United States. Tariff revenue is assumed to be distributed on a per …-capita basis, so states with greater production will experience a welfare gain from tariffs on those products (due to rising … states benefitted from reduced tariffs, with national welfare gains of $5.8 billion or $50 per household in 2017. These …