Trade Policy Uncertainty

Posted: 31 Aug 2022

See all articles by Kyle Handley

Kyle Handley

University of California, San Diego (UCSD) - School of Global Policy & Strategy; National Bureau of Economic Research (NBER)

Nuno Limão

University of Maryland, College Park

Multiple version iconThere are 2 versions of this paper

Date Written: August 1, 2022

Abstract

Trade policy uncertainty (TPU) has become an important source of economic uncertainty and research. We review the main sources and measures of TPU. We then provide a conceptual framework for modeling TPU and methods for estimating and quantifying its effects. We analyze its role in trade agreements and discuss open questions for future research.

Suggested Citation

Handley, Kyle and Limão, Nuno, Trade Policy Uncertainty (August 1, 2022). Annual Review of Economics, Vol. 14, pp. 363-395, 2022, Available at SSRN: https://ssrn.com/abstract=4201117 or http://dx.doi.org/10.1146/annurev-economics-021622-020416

Kyle Handley (Contact Author)

University of California, San Diego (UCSD) - School of Global Policy & Strategy ( email )

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La Jolla, CA 92093-0519
United States

HOME PAGE: http://www.kylehandley.com

National Bureau of Economic Research (NBER)

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Cambridge, MA 02138
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Nuno Limão

University of Maryland, College Park ( email )

College Park
College Park, MD 20742
United States

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