Gateway to Think Tanks
来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w30300 |
来源ID | Working Paper 30300 |
Precautionary Protectionism | |
Sharon Traiberman; Martin Rotemberg | |
发表日期 | 2022-08-01 |
出版年 | 2022 |
语种 | 英语 |
摘要 | We develop a dynamic extension of Dornbusch et al. (1977) with “rustiness”: the home country has relatively higher unit costs tomorrow for goods it is not producing today. We solve for optimal tariff policy when there is a potential for a crisis: an increase in demand for goods produced abroad. Optimally, the home planner never protects goods where comparative advantage is sufficiently low, not even the goods directly affected by the crises. However, for marginally competitive goods, the optimal policy trades off comparative advantage and demand. The extent of industrial policy is non-monotonic in both the size of the demand shock and in its variance. |
主题 | International Economics ; Trade ; Development and Growth |
URL | https://www.nber.org/papers/w30300 |
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/587973 |
推荐引用方式 GB/T 7714 | Sharon Traiberman,Martin Rotemberg. Precautionary Protectionism. 2022. |
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 | ||
w30300.pdf(737KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。