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DTSTART:20251102T020000
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DESCRIPTION:The Moynihan Institute of Global Affairs' Trade\, Development a
 nd Political Economy Series presents Joaquin Blaum\, Research Assistant Pr
 ofessor of Economics at Boston University.Many countries utilize discretio
 nary trade policies—those that target particular firms at particular times
 . However\, since these policies are illegal under WTO rules\, our ability
  to study these episodes has been hampered. In this paper\, we study the c
 ase of Argentina\, a country that in the early 2010s implemented a set of 
 discretionary trade policies that violated WTO. We identify firm and secto
 ral characteristics associated with higher protection and find that they a
 re consistent with the government's rhetoric of encouraging domestic inves
 tment\, promoting exports\, and protecting domestic producers from import 
 competition. Second\, we identify the effects of import restrictions on im
 port quantities and prices. We uncover a new link between high-frequency v
 ariation in macroeconomic conditions and the level and structure of trade 
 protection that provides an instrument for quantity restrictions. Surprisi
 ngly\, the policy backfired through higher import prices. A model of barga
 ining explains such a result when foreign producers have most of the barga
 ining power.&nbsp\;Dr. Blaum is a Research Assistant Professor of Economic
 s at Boston University. Dr. Blaum holds a&nbsp\;PhD in Economics&nbsp\;fro
 m MIT. Originally from Argentina\, he obtained a Licenciatura and Masters 
 in Economics from Universidad Torcuato Ditella. Between 2012-21\, he worke
 d as an Assistant Professor of Economics at Brown University. His areas of
  research are international trade and macroeconomics.&nbsp\;
DTEND:20221003T211500Z
DTSTAMP:20260512T232250Z
DTSTART:20221003T194500Z
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SUMMARY:Protectionism Unchained: Determinants and Consequences of Discretio
 nary Trade Policy in Argentina
UID:RFCALITEM639142105702608595
X-ALT-DESC;FMTTYPE=text/html:<p>The Moynihan Institute of Global Affairs' T
 rade\, Development and Political Economy Series presents Joaquin Blaum\, R
 esearch Assistant Professor of Economics at Boston University.</p><p>Many 
 countries utilize discretionary trade policies—those that target particula
 r firms at particular times. However\, since these policies are illegal un
 der WTO rules\, our ability to study these episodes has been hampered. In 
 this paper\, we study the case of Argentina\, a country that in the early 
 2010s implemented a set of discretionary trade policies that violated WTO.
  We identify firm and sectoral characteristics associated with higher prot
 ection and find that they are consistent with the government's rhetoric of
  encouraging domestic investment\, promoting exports\, and protecting dome
 stic producers from import competition. Second\, we identify the effects o
 f import restrictions on import quantities and prices. We uncover a new li
 nk between high-frequency variation in macroeconomic conditions and the le
 vel and structure of trade protection that provides an instrument for quan
 tity restrictions. Surprisingly\, the policy backfired through higher impo
 rt prices. A model of bargaining explains such a result when foreign produ
 cers have most of the bargaining power.&nbsp\;</p><p>Dr. Blaum is a Resear
 ch Assistant Professor of Economics at Boston University. Dr. Blaum holds 
 a&nbsp\;PhD in Economics&nbsp\;from MIT. Originally from Argentina\, he ob
 tained a Licenciatura and Masters in Economics from Universidad Torcuato D
 itella. Between 2012-21\, he worked as an Assistant Professor of Economics
  at Brown University. His areas of research are international trade and ma
 croeconomics.&nbsp\;</p>
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