| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w21957 |
| 来源ID | Working Paper 21957 |
| The Effects of Trade Policy | |
| Pinelopi K. Goldberg; Nina Pavcnik | |
| 发表日期 | 2016-02-08 |
| 出版年 | 2016 |
| 语种 | 英语 |
| 摘要 | The last two decades have witnessed a shift in the focus of international trade research from trade policy to other forms of trade frictions (e.g., transportation, information and communication costs). Implicit in this development is the widespread view that trade policy no longer matters. We confront this view by critically examining a large body of evidence on the effects of trade policy on economically important outcomes. We focus on actual as opposed to hypothetical policy changes. We begin with a discussion of the methodological challenges one faces in the measurement of trade policy and identification of its causal effects. We then discuss the evidence on the effects of trade policy on a series of outcomes that include: (1) aggregate outcomes, such as trade volumes (and their price and quantity subcomponents), the extensive margin of trade, and static, aggregate gains from trade; (2) firm and industry performance, i.e., productivity, costs, and markups; (3) labor markets, i.e., wages, employment, and wage inequality; (4) long-run aggregate growth and poverty, secondary distortions and misallocation, uncertainty. We conclude that the perception that trade policy is no longer relevant arises to a large extent from the inability to precisely measure the various forms of non-tariff barriers that have replaced tariffs as the primary tools of trade policy. Better measurement is thus an essential prerequisite of policy-relevant research in the future. Despite measurement challenges and scant evidence on the impact of actual policy changes, existing evidence when properly interpreted points to large effects of trade policy on economically relevant outcomes, especially when trade policy interacts with other developments, e.g., technological change. We point to areas and opportunities for further research and draw lessons from the past to apply to future studies. |
| 主题 | International Economics ; Trade ; Globalization and International Relations ; Industrial Organization ; Market Structure and Firm Performance |
| URL | https://www.nber.org/papers/w21957 |
| 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/579631 |
| 推荐引用方式 GB/T 7714 | Pinelopi K. Goldberg,Nina Pavcnik. The Effects of Trade Policy. 2016. |
| 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 | ||
| w21957.pdf（441KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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