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 • Jun 17, 2019
The Industrial Revolution in Services
This seems so obvious today that trying to imagine the counterfactual—tiny neighborhood auto manufacturers producing...
Topics: Industrial Organization
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