Tariffs and the Macroeconomy : Some Empirical Evidence

Some Empirical Evidence

Nopic
This paper examines the macroeconomic impact of tariffs. Existing theoretical models do not provide clear-cut predictions concerning the co-movement between unilateral tariff changes and a set of macroeconomic variables consisting of the real exchange rate, the trade balance, and the level of output. Three different data sets are found to be... READ MORE...

Publication date: September 1989
ISBN 9781451960266
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