The downstream impact of upstream tariffs: Evidence from investment decisions in supply chains
We study how US manufacturing firms' investment responds to tariff reductions in supplier industries. Our estimates, based on tariff reductions following multinational trade agreements, suggest that a hypothetical 10% reduction of all upstream tariffs would increase downstream investment by 4%...
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| Main Authors: | , |
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2024
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/7265 https://ink.library.smu.edu.sg/context/lkcsb_research/article/8264/viewcontent/the_downstream_impact_of_upstream_tariffs_evidence_from_investment_decisions_in_supply_chains.pdf |
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| Institution: | Singapore Management University |
| Language: | English |