2 results about ROBERT FEENSTRA


China’s WTO entry benefits US consumers

June 28, 2017

China has become the world’s largest exporter, with a rapid rise in its world trade share just after it joined the WTO in 2001. This column finds that China’s WTO entry reduced the US m... READ MORE


Theory and evidence for the last two decades of tariff reductions

April 26, 2017

Tariff barriers today are small on average, suggesting only limited welfare gains from their removal. This column argues, however, that the current generation of standard trade models have missed a... READ MORE