@TradeDiversion Thanks 🙂! Still C&P say they choose (p4) to look at ‘extensive margin’ changes instead (I haven’t examined their model).
One reason “Ricardian†trade models probably broken. Love of variety is key to production structures, firms succenber.org/papers/w23108H83v
Is the “Ricardian†NAFTA trade model @rodrikdani points to (shows net 0.08% benefits for USA) plausible?::https://t.co/ky5l9IXZSl
@greg_ip:“Whether the U.S. can replicate China’s success is questionableâ€::https://t.co/Hh3aHwcQim
Agree with @dikenson: #TPP was an effective, peaceful response to CHN’s “9-dash-line†claims. We will regret it::https://t.co/GCCzF5Ml3r
RT @SimonEvenett: Nov16 world trade volumes look like they might have broken out of range defined since Jan15. Not true of US, alas. https:…
Albeit expected, withdrawal fm #TPP is a ‘defining moment’. Suggests broad downgrading, for now, of US as trade treaty partner.#WTO#WTO too.
RT @WorldTradeLaw: Tokyo turns down Australian proposal for TPP without U.S., vows to keep pushing Trump | The Japan Times https://t.co/OnA…
My national radio interview today on #TPP. The Petri/Plummer estimate of US job “churn†is 54k not 57k (oops!)::https://t.co/LzWCSNit88
“Structural change during the recent growth boom in developing countriesâ€::https://t.co/J3TxfsAxmZ
If this is the end of #TPP AUS will loose better services access and a better deal in Japan than our own FTA. Own cuts too were not nothing.
The direct impacts of Trump’#TPPPP gesture are likely smaller than the unintended (unconsidered?) consequences. Xi must be grinning broadly.
rodrikdani Here is a new website on which some great economists collaborate to bring you relevant economic analysis econofact.org
“Every decision on trade, on taxes, on immigration, on foreign affairs will be made to benefit American workers and … families.†Good idea!
This brief description of “gotchas†in the “WTO option†seems about right. Upshot? My guess, more jeopardy for WTO::https://t.co/7S8fnCcDEA
“Big data is not about the data†(it’s about the algorithms)::https://t.co/a9UenlqTfG
What odds this “V Fast Train“ consortium that “doesn’t want a cent†fm govt wants price-regs, monopoly, tolls?::https://t.co/gdCQ2CEU5o
Tariff burden on poorest US households >5X burden on the rich. No surprise to you perhaps, but… does Mr Trump know?::https://t.co/s4resy9Tij
Me too! The WTO AB (in the FSC case) said direct tax discrimination was out, although G Hufbauer says that’s nuts::… https://t.co/2aXsqMNEtV
@historyinmoment @SincDavidson Nope… The Kaiser (and his Ministers) did that.
Best things? Obama’s For Pol wins of omission. He sought (ISR, IRN) & kept (except Libya, drone kills) peace:https://t.co/OOd9vEPt8h
By re-importing low-productivity jobs, Trump could save USA (& ROW) from toxic effects of stronger growth. Hoorah?::https://t.co/K0deUoaJW8
How should we read the design of the new Apple HQ? As a “Spaceship†(Apple fans) or a Hill Fort of future industria… https://t.co/4S5Xb4wIuE
I think this is what hetero-firms theory tells us. Key benefits emerge at scale fm individutal firm wins AND losses::https://t.co/TL7oN4yIm5
[Follow-up]: a complete edition of Bastiat’s “Sophisms†with the dialog “Something Else†on protection & adjustment:https://t.co/HmSnJrlW45
Excellent piece fm @dikeson. Brush up your Bastiat (start quoting him now). Perhaps start with “Something Else†her… https://t.co/YUa2AwayNH
Before the start of cyberwar (https://t.co/EpxSpTbnZK) & before @snowden, I wrote a novel about the connection::https://t.co/Mxf8FB1zXg
Boundless, uncensored #twitter I can (easily, selectively) choke whenever I want is a jewel. Publish & be damned!::https://t.co/GmgtHIbBKk
ATabarrok 2016 was the best year ever! pic.twitter.com/d52CqaUIdo