Tariff Rate Uncertainty and the Structure of Supply Chains
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We show that reducing the probability of a trade war promotes long-term importer-exporter relationships that ensure provision of high-quality inputs via incentive premia. Empirically, we introduce a method for distinguishing between these Japanese versus spot-market (i.e., American) relationships in
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美国国家经济研究局创建时间：
2024-02-01
