Trade Policy Uncertainty

Kyle Handley and Nuno Limão

Annual Review of Economics, 2022, vol. 14, issue 1, 363-395

Abstract: 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 conceptual framework for modeling TPU and methods for estimating and quantifying its effects. We analyze its role in trade agreements and discuss open questions for future research.

Keywords: trade policy; uncertainty; trade agreements (search for similar items in EconPapers)
JEL-codes: D81 F1 F13 F14 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (23)

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DOI: 10.1146/annurev-economics-021622-020416

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