The manufacture and trade of washing machines and parts offers a clear example of the impact of trade restrictions. The first graph shows the sudden shifts in production in countries following trade duties, and the second shows how the market for washing machine parts is similarly impacted.
US Washing Machine Imports and Korean Washing Machine Part Exports by Country
Research Brief • Apr 30, 2019
Tax-Related Human Capital: Evidence from Employee Movements
While there has been considerable research about the determinants and consequences of corporate tax planning...
Topics: Employment & Wages, Tax & Budget
Research Brief • Apr 21, 2019
Production, Relocation, and Price Effects of US Trade Policy: The Case of Washing Machines
Hopefully you didn’t wait too long. Following the late-2017 announcement of tariffs on all washers...
Topics: Industrial Organization