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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w29051 |
来源ID | Working Paper 29051 |
Trade Policy | |
Lorenzo Caliendo; Fernando Parro | |
发表日期 | 2021-07-19 |
出版年 | 2021 |
语种 | 英语 |
摘要 | This chapter reviews a recent body of theoretical and empirical work that studies the normative and positive aspects of trade policy. We start by presenting reduced-form evidence of the effects of trade policy in the presence of supply-chain linkages, on the short-run and persistent effects of trade policy across local labor markets, and on the effects of trade policy uncertainty on employment and firms. We describe the shift-share method for trade policy analysis, discuss the interpretation of the estimated effects, and provide a theoretical foundation. We then describe new quantitative frameworks, methods, and data used to study the aggregate and distributional effects of trade policy in general equilibrium. We discuss how to take into account supply-chain linkages, local labor markets, and different sources of dynamics. As an illustration, we quantify the aggregate and distributional effects of the 2018 trade war between the United States and its trading partners. Finally, we present recent theoretical insights on optimal unilateral trade policy with firm and product heterogeneity in the context of large and small open economies with perfectly and imperfectly competitive product markets. We also discuss how optimal trade policy is shaped by the presence of multiple sectors, intermediate goods, and supply-chain linkages. We close the chapter by discussing the scope of future research. |
主题 | International Economics ; Trade |
URL | https://www.nber.org/papers/w29051 |
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/586725 |
推荐引用方式 GB/T 7714 | Lorenzo Caliendo,Fernando Parro. Trade Policy. 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 | ||
w29051.pdf(2736KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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