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Published in 2021 at "Macroeconomic Dynamics"
DOI: 10.1017/s1365100521000286
Abstract: This paper examines the effect of a tariff on long-run growth and welfare in a two-country innovation-led growth model. We show that although raising the home country’s tariff reduces the growth and GDP of the…
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Keywords:
country;
growth;
optimal tariffs;
two country ... See more keywords