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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP8937 |
DP8937 Protectionism Isn?t Counter-Cyclic (anymore) | |
Andrew Rose | |
发表日期 | 2012-04-01 |
出版年 | 2012 |
语种 | 英语 |
摘要 | Conventional wisdom holds that protectionism is counter-cyclic; tariffs, quotas and the like grow during recessions. While that may have been a valid description of the data before the Second World War, it is no longer accurate. In the post-war era, protectionism has not actually moved counter-cyclically. Tariffs and non-tariff barriers do not systematically rise during cyclic downturns; if anything, they tend to fall. I document this new stylized fact with a wide panel of data, using a variety of measures of protectionism and business cycles. I also provide some hints as to why protectionism is no longer counter-cyclic. |
主题 | International Macroeconomics ; International Trade and Regional Economics |
关键词 | Barrier Business cycle Data Empirical International Panel Policy Recession Tariff Trade |
URL | https://cepr.org/publications/dp8937 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/537775 |
推荐引用方式 GB/T 7714 | Andrew Rose. DP8937 Protectionism Isn?t Counter-Cyclic (anymore). 2012. |
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