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10.1016/j.jpolmod.2020.03.009

http://scihub22266oqcxt.onion/10.1016/j.jpolmod.2020.03.009
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C7255316!7255316!32834234
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suck abstract from ncbi


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pmid32834234      J+Policy+Model 2020 ; 42 (4): 850-9
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  • Are tariffs bad for growth? Yes, say five decades of data from 150 countries? #MMPMID32834234
  • Furceri D; Hannan SA; Ostry JD; Rose AK
  • J Policy Model 2020[Jul]; 42 (4): 850-9 PMID32834234show ga
  • The empirical evidence on the growth effects of import tariffs is sparse in the literature, notwithstanding strong views held by the public and politicians. Using an annual panel of macroeconomic data for 151 countries over 1963?2014, we find that tariff increases are associated with an economically and statistically sizeable and persistent decline in output growth. Thus, fears that the ongoing trade war may be costly for the world economy in terms of foregone output growth are justified.
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