New AEJ:Macro paper with Breinlich, Leromain & @dennisnovy.bsky.social Tests an old Paul Krugman idea: does import protection promote exports through industry-level scale economies? Find scale economies do operate, but there is also an offsetting supp…
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RP @aeajournals.bsky.social: AEJ: Macroeconomics: "Import Liberalization as Export Destruction? Evidence from the United States" by Holger Breinlich, Elsa Leromain, Dennis Novy, and Thomas Sampson. www.aeaweb.org/articles?id=...
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RP @aeajournals.bsky.social: AEJ: Macroeconomics: "Import Liberalization as Export Destruction? Evidence from the United States" by Holger Breinlich, Elsa Leromain, Dennis Novy, and Thomas Sampson. www.aeaweb.org/articles?id=...
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RP @aeajournals.bsky.social: AEJ: Macroeconomics: "Import Liberalization as Export Destruction? Evidence from the United States" by Holger Breinlich, Elsa Leromain, Dennis Novy, and Thomas Sampson. www.aeaweb.org/articles?id=...