Did Tariffs Make American Manufacturing Great? New Evidence from the Gilded Age
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We study the relationship between tariffs and labor productivity in US manufacturing between 1870 and 1909. Using highly dis-aggregated tariff data, state-industry data for the manufacturing sector, and an instrumental variable strategy, results show that tariffs reduced labor productivity. Tariffs
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美国国家经济研究局创建时间：
2024-11-01
