The Price of Protection: Tariff Incidence and Import Collapse under the Infamous Smoot-Hawley Tariff
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Using newly digitized monthly data on the quantities and prices of imports as well as product-level data on tariff rates, we estimate that in the first year after the passage of the Smoot-Hawley Tariff Act, imports facing rate increases fell swiftly and dramatically relative to imports not affected
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美国国家经济研究局创建时间:
2026-05-01



