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| Tekijä: | Thompson, W. Reuveny, R. |
| Otsikko: | Tariffs and trade fluctuations: does protectionism matter as much as we think? |
| Lehti: | International Organization
1998 : SPRING, VOL. 52:2, p. 421-440 |
| Asiasana: | TARIFFS TRADE TRADE BARRIERS |
| Kieli: | eng |
| Tiivistelmä: | 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. |
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