Trade Policy as an Exogenous Shock: Focusing on the Specifics
Andrew Greenland and
John Lopresti
No 33127, NBER Working Papers from National Bureau of Economic Research, Inc
Abstract:
This paper introduces a novel approach to quantifying the effects of tariff protection on economic outcomes by leveraging heterogeneous dependence on specific tariffs in the presence of price changes. We construct a database encompassing the universe of tariff lines across five US trade policy regimes between 1900 and 1940 and show that our measure of changes in “realized protection” strongly predicts import growth and labor market outcomes during this period. Using linked full-count Census data, we show that import exposure inhibited structural change by slowing the transition out of agriculture and into the expanding manufacturing sector, particularly among the young.
JEL-codes: F13 F14 F66 (search for similar items in EconPapers)
Date: 2024-11
New Economics Papers: this item is included in nep-his and nep-int
Note: PE IFM
References: Add references at CitEc
Citations:
Downloads: (external link)
http://www.nber.org/papers/w33127.pdf (application/pdf)
Access to the full text is generally limited to series subscribers, however if the top level domain of the client browser is in a developing country or transition economy free access is provided. More information about subscriptions and free access is available at http://www.nber.org/wwphelp.html. Free access is also available to older working papers.
Related works:
Working Paper: Trade Policy as an Exogenous Shock: Focusing on the Specifics (2021) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:nbr:nberwo:33127
Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w33127
The price is Paper copy available by mail.
Access Statistics for this paper
More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().