Tariff sentences to ponder

We find that only 15.1 percent of the decline in goods-sector employment from 1992 to 2012 stems from U.S. trade deficits; most of the decline is due to differential productivity growth.

Here is the full paper by Kehoe, Ruhl, and Steinberg, via Zack Mazlish.  I believe we have covered this issue before.

Comments

Respond

Add Comment