Rose, Andrew K - C.E.P.R. Discussion Papers - 2012
Conventional wisdom holds that protectionism is counter-cyclic; tariffs, quotas and the like grow during recessions …-war era, protectionism has not actually moved counter-cyclically. Tariffs and non-tariff barriers do not systematically rise … variety of measures of protectionism and business cycles. I also provide some hints as to why protectionism is no longer …