Tariffs, Saving and the Current Account
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We investigate the effects of higher tariffs on the current account.Tariffs may increase or decrease investment depending on the capital intensity of the sector protected. We find that ther esponse of saving to tariffs issensitive to the modelling of saving behavior. In a model in which Consumers'
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美国国家经济研究局创建时间：
1986-03-01
