Since the introduction of the news-based policy uncertainty measure, a few studies have looked at its impact on trade flows by using panel models and aggregate trade data. In this paper we consider the short-run and long-run response of 61 2-digit U.S. exporting industries to Korea and 49...

We use a text-mining approach to construct a general index of trade policy uncertainty(TPU) for the U.S. and some of its main trade partners. This TPU index capturesuncertainty on U.S. trade policy at a very detailed level (partner and industry levels)from 2001 to 2017. It's general, thereby...