Protectionism during the crisis: Tit-for-tat or chicken-games?
AbstractWe explore the extent to which the adoption of protectionist measures during the recent financial crisis led to retaliation by trading partners. We find no evidence of retaliation. On the contrary, there is strong evidence of chicken-games being played.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 117 (2012)
Issue (Month): 3 ()
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Web page: http://www.elsevier.com/locate/ecolet
Trade retaliation; Chicken-games; Financial crisis;
Other versions of this item:
- Mauro Boffa & Marcelo Olarreaga, 2012. "Protectionism during the crisis: Tic-for-tac or chicken-games?," Research Papers by the Institute of Economics and Econometrics, Geneva School of Economics and Management, University of Geneva 12034, Institut d'Economie et Econométrie, Université de Genève.
- Boffa, Mauro & Olarreaga, Marcelo, 2012. "Protectionism during the crisis: Tit-for-tat or chicken games?," CEPR Discussion Papers 9119, C.E.P.R. Discussion Papers.
- F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
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