This paper constructs a two-country model to investigate how tariff policy influences productivity growth through adjustments in industry location patterns. The locations of production and innovation are determined based on trade barriers and imperfect knowledge dissemination. Tariff policy has...

Frontmatter -- Advance Praise for The China Paradox, Second Edition -- Advance Praise for The China Paradox, First Edition -- Acknowledgments -- Contents -- Preface -- Chapter 1 The Hybrid Development Model at the Heart of a Vibrant New China -- Chapter 2 Early Attempts at Industrialization: The...

Structural policies in the euro area are of great interest for the Eurosystem, particularly as they can support the smooth functioning of the Economic and Monetary Union (EMU) and the effectiveness of monetary policy. This paper adopts a broad definition of structural policies, analysing not...