Freedom Fries

被引：98

作者：

Michaels, Guy ^{[1
,2
]}

Zhi, Xiaojia

机构：

[1] London Sch Econ, Dept Econ, London WC2A 2AE, England

[2] London Sch Econ, Ctr Econ Performance, London WC2A 2AE, England

来源：

AMERICAN ECONOMIC JOURNAL-APPLIED ECONOMICS | 2010年 / 2卷 / 03期

关键词：

TRADE; IMPACT; DISCRIMINATION; PROTECTION; COSTS; SALE; WAR;

D O I：

10.1257/app.2.3.256

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Do firms always choose the cheapest suitable inputs, or can group attitudes affect their choices? To investigate this question, we examine the deterioration of relations between the United States and France from 2002-2003, when France's favorability rating in the US fell by 48 percentage points. We estimate that the worsening attitudes reduced bilateral trade by about 9 percent and that trade in inputs probably declined similarly, by about 8 percent. We use these estimates to calculate the average decrease in firms' willingness to pay for French (or US) commodities when attitudes worsened. (JEL D24, F13, F14, L14, L21)

引用

页码：256 / 281

页数：26

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