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Michael Clemens
mclem.org
did:plc:skf244z64dfa5yvynksq65ij
Tariff barriers reduce productivity by channel beyond Econ 101:
They raise the value to firms of building political connections (to get tariff exceptions) rather than producing more efficiently.
New in @aeajournals.bsky.social by Jävervall & @rkhoban.bsky.social —> https://doi.org/10.1257/app.20230629
2025-07-21T20:05:01.237Z