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Trade and Industrial Policy in Supply Chains: Directed Technological Change in Rare Earths

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NBER2025-06-01 更新2025-06-14 收录
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Trade and industrial policies restricting critical inputs can inadvertently promote foreign downstream industries via a directed technological response. We provide evidence for this mechanism by examining rare earth elements (REEs) critical manufacturing inputs with highly concentrated production

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2025-06-01
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