The Trade Restrictiveness Index (TRI) introduced by Anderson and Neary (1994) provided the first theoretically satisfying measure of a countrys tariff structure by overcoming the problem of ad hoc specification of indexing weights and the related index number problem. We observe, however, that...

This study investigates whether US corporations' political influence shapes China's retaliatory actions during the US-China trade war. Our theoretical model predicts that foreign firms operating in more concentrated sectors tend to face lower trade barriers because they can leverage their market...