Turkey’s Law 2012/3305 boosted economic activity among businesses in eligible industries/provinces and led to positive spillovers to the suppliers and customers of subsidized firms. In the long run, the policy reduced income inequality between regions only moderately, due to migration and spillovers.

Measurement error alone cannot explain the decline in US construction productivity over the last 50 years, with evidence pointing to the sector’s deteriorating ability to transform intermediates into finished products, and to the allocative inefficiency of construction inputs.

Demolitions of public housing as part of urban renewal programs had disparate impacts and generated large welfare improvements for White households, alongside welfare losses for low-income minority households.

In April 2013, Teva Pharmaceuticals, a large generic drug manufacturer, hired a marketing executive with strong connections throughout the industry with the goal of exploring opportunities to increase profits. Or, in that marketing executive’s own words, to enact “price increase implementation.”

Most manufacturers, if they expect to grow and flourish, not only need to expand their existing product line but must also innovate and otherwise add to their product mix, whether that means adding entirely new items or improving the quality of existing goods. In other words, producing the same thing over and over, without any modifications or without branching out into other product lines, is not a typical recipe for long-term success.

In 2018, the global tariffs applied to all washers imported to the US increased prices about 12 percent for both washers and dryers, a complementary good not subject to tariffs.

If you were thinking about buying a washing machine sometime in 2017, you may have been tempted to wait a little while for prices to fall. After all, prices had been dropping for about five years, so unless your current washer was inoperable, there was little reason to make a purchase in haste.

View US washing machine imports and Korean washing machine part exports by country.