that offsetting effects on the newly imposed tariffs were substantial. …

An often-neglected potential negative consequence of tariffs is the impact they may have on the misallocation of factor …-productivity firms to survive, thereby leading to a sub-optimal allocation of resources. This paper explores the impact of tariffs on the … allocation of capital using administrative data from South Africa. We find that tariffs are highly correlated with capital …

bilateral applied tariffs for each product category for the universe of available country pairs over the 2001 to 2016 period. We …