Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/213157
Authors: 
Lechthaler, Wolfgang
Mileva, Mariya
Year of Publication: 
2018
Citation: 
[Journal:] Intereconomics [ISSN:] 1613-964X [Volume:] 53 [Year:] 2018 [Issue:] 1 [Pages:] 22-26
Abstract: 
Even though economists keep on emphasising the benefits of international trade, protectionism is on the rise in many industrialised countries. The authors argue that a potential explanation for this phenomenon can be found in the short-run distributional effects of import tariffs: while protectionism hurts the economy from an aggregate perspective (i.e. GDP goes down), unskilled workers in import-competing sectors benefit in the short run and do not lose in the long run. They might therefore lend political support to protectionism.
Persistent Identifier of the first edition: 
Document Type: 
Article

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