David Torun
@torundavid.bsky.social
Postdoctoral Researcher in Economics @ Harvard Kennedy School + CESifo Fellow || International trade & macroeconomics
https://www.davidtorun.com/
https://www.davidtorun.com/
We thank the referees and the editor for their thoughtful feedback. Feel free to reach out if you have any questions! 5/5
February 25, 2025 at 8:56 PM
We thank the referees and the editor for their thoughtful feedback. Feel free to reach out if you have any questions! 5/5
US tariffs: Large tariff increases destroy firms’ sunk investments. As a result, these tariffs have long-lasting effects, even if they’re short-lived. Reverting tariffs to old levels won’t simply restore trade flows to pre-trade war levels. 3/5
February 25, 2025 at 8:56 PM
US tariffs: Large tariff increases destroy firms’ sunk investments. As a result, these tariffs have long-lasting effects, even if they’re short-lived. Reverting tariffs to old levels won’t simply restore trade flows to pre-trade war levels. 3/5
Timing: What if some countries liberalize trade earlier than others? When major trade partners cut barriers first, they gain a first-mover advantage, which boosts export growth relative to late liberalizers and makes global trade more concentrated overall. 2/5
February 25, 2025 at 8:56 PM
Timing: What if some countries liberalize trade earlier than others? When major trade partners cut barriers first, they gain a first-mover advantage, which boosts export growth relative to late liberalizers and makes global trade more concentrated overall. 2/5
Thanks, Tom! Could you please add me?
November 14, 2024 at 2:56 AM
Thanks, Tom! Could you please add me?