Antràs, Pol; Fort, Teresa C.; Gutierrez, Agustin; … - National Bureau of Economic Research - 2022
potential productivity benefits. The welfare benefits of final-good tariffs thus tend to be larger, with the optimal degree of …Import tariffs tend to be higher for final goods than for inputs, a phenomenon commonly referred to as tariff …-maximizing tariffs are uniform across sectors. We show that tariff escalation can be rationalized on efficiency grounds in the presence …