Trade Policy Uncertainty
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 of estimating and quantifying its effects. We analyze its role in trade agreements and discuss open questions for future research.
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Copy CitationKyle Handley and Nuno Limão, "Trade Policy Uncertainty," NBER Working Paper 29672 (2022), https://doi.org/10.3386/w29672.
Published Versions
Kyle Handley & Nuno Limão, 2022. "Trade Policy Uncertainty," Annual Review of Economics, vol 14(1). citation courtesy of 
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