Protectionism during the crisis: Tit-for-tat or chicken-games?

Mauro Boffa and Marcelo Olarreaga

Economics Letters, 2012, vol. 117, issue 3, 746-749

Abstract: We explore the extent to which the adoption of protectionist measures during the recent financial crisis led to retaliation by trading partners. We find no evidence of retaliation. On the contrary, there is strong evidence of chicken-games being played.

Keywords: Trade retaliation; Chicken-games; Financial crisis (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (9)

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Working Paper: Protectionism during the crisis: Tit-for-tat or chicken games? (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:117:y:2012:i:3:p:746-749

DOI: 10.1016/j.econlet.2012.08.042

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