We discuss the considerable literature that has developed in recent years providing rigorous
evidence on how industrial policies work. This literature is a significant improvement over …

In 2018, the United States launched a trade war with China, marking an abrupt departure
from its historical leadership in integrating global markets. By late 2019, the United States …

After decades of supporting free trade, in 2018 the United States raised import tariffs and
major trade partners retaliated. We analyze the short-run impact of this return to …

We examine conventional approaches to evaluating the economic impact of protectionist
trade policies. We illustrate these conventional approaches by applying them to the tariffs …

Trade policy uncertainty (TPU) has become an important source of economic uncertainty
and research. We review the main sources and measures of TPU. We then provide a …

We develop a novel two stage methodology that allows us to study the empirical
determinants of the ex post effects of past free trade agreements (FTAs) as well as obtain ex …

We estimate the price effect of US import restrictions on washers. The 2012 and 2016
antidumping duties against South Korea and China were accompanied by downward or …

We examine the impact of policy uncertainty on trade, prices, and real income through firm
entry investments in general equilibrium. We estimate and quantify the impact of trade policy …

This article describes a new fact, then analyzes its causes and consequences: in most
countries, import tariffs and nontariff barriers are substantially lower on dirty than on clean …

A large and growing number of countries participate in multiple preferential trade
agreements (PTAs), which increasingly entail broad cooperation over policies extending far …