ulrich-schetter.bsky.social
@ulrich-schetter.bsky.social
Reposted
Thrilled to see our paper forthcoming @jeeanews.bsky.social!

We show how incumbent firms shape international trade (🧵linked below).

Some implications: The timing of trade liberalization matters, and the planned surge in US tariffs can have long-lasting effects, even if tariffs are temporary. 1/5
February 25, 2025 at 8:56 PM
Reposted
Forthcoming article by Peter Egger, Reto Foellmi @ulrich-schetter.bsky.social @torundavid.bsky.social; @ethzurich.bsky.social "Gravity with History: on Incumbency Effects in International Trade" @eeanews.bsky.social

doi.org/10.1093/jeea...
Gravity with History: On Incumbency Effects in International Trade
Abstract. Countries trade more if they liberalized their trade relationship earlier. We derive a gravity equation featuring this path dependence due to sun
doi.org
February 25, 2025 at 6:15 AM