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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w28616 |
来源ID | Working Paper 28616 |
The Smoot-Hawley Trade War | |
Kris James Mitchener; Kirsten Wandschneider; Kevin Hjortshøj O'; Rourke | |
发表日期 | 2021-03-29 |
出版年 | 2021 |
语种 | 英语 |
摘要 | We document the outbreak of a trade war after the U.S. adopted the Smoot-Hawley tariff in June 1930. U.S. trade partners initially protested the possible implementation of the sweeping tariff legislation, with many eventually choosing to retaliate by increasing their tariffs on imports from the United States. Using a new quarterly dataset on bilateral trade for 99 countries during the interwar period, we show that U.S. exports to countries that protested fell by between 15 and 22 percent, while U.S. exports to retaliators fell by 28-33 percent. Furthermore, using a second new dataset on U.S. exports at the product-level, we find that the most important U.S. exports to retaliating markets were particularly affected, suggesting a possible mechanism whereby the U.S. was targeted despite countries’ MFN obligations. The retaliators’ welfare gains from trade fell by roughly 8-17%. |
主题 | International Economics ; Trade ; History ; Other History |
URL | https://www.nber.org/papers/w28616 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/586289 |
推荐引用方式 GB/T 7714 | Kris James Mitchener,Kirsten Wandschneider,Kevin Hjortshøj O',et al. The Smoot-Hawley Trade War. 2021. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w28616.pdf(874KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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