Brands in Motion: How Frictions Shape Multinational Production
研究了贸易协定不稳定时期，关税和非关税壁垒变化如何影响跨国汽车公司的生产布局和消费者福利，对政策制定者和企业决策者有用。
Following the 2016 Leave vote in the referendum on UK membership in the EU and the election of Donald Trump, trade agreements have entered a period of great instability. To predict the impact of possible disruptions to existing arrangements requires counterfactual analysis that takes into account the complex set of factors influencing the production and marketing strategies of multinational corporations. We estimate a model of multinational decision-making in the car industry. This model predicts the production reallocation and consumer surplus consequences of changes in tariffs and non-tariff barriers induced by US-led protectionism, Brexit, transpacific, and transatlantic integration agreements.