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Tariff Rate Uncertainty and the Structure of Supply Chains

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NBER2024-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w32138
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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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2024-02-01
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