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Author:Thompson, W.
Reuveny, R.
Title:Tariffs and trade fluctuations: does protectionism matter as much as we think?
Journal:International Organization
1998 : SPRING, VOL. 52:2, p. 421-440
Index terms:TARIFFS
TRADE
TRADE BARRIERS
Language:eng
Abstract:Despite the widespread assumption that tariffs reduce trade volume in the short term, it is conceivable that long-term expansion and contractions in trade actually drive tariff levels. A Ganger causality analysis performed on British, U.S., French, German, Japanese, and a systematic aggregate data on GDP-tariff levels encompassing the 1854-1990 period finds mixed support for both the short- and long-term interpretations. In general, the antecedence of trade on protectionism predominates over the antecedence of protectionism on trade.
SCIMA record nr: 178347
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