US buyers didn't pay the full 2018–19 US tariff burden. Adjusting for lost scale economies drops pass-through to 60 percent with foreign exporters absorbing over half the cost, from Sharat Ganapati and Colin J. Hottman www.nber.org/papers/w34901
Sharat Ganapati
@sganapati.com
Economist @ Georgetown University. Also NBER and CESifo. Trade, Spatial, and Industrial Organization.
New Paper Alert! 📢 "Did Foreigners Pay America’s Tariffs? Quantity Discounts, Scale Economies and Incomplete Pass-Through" 💰 ✍️ @sganapati.com Colin Hottman For further insights, see the latest CESifo Working Paper. 🔗 www.ifo.de/en/cesifo/pu...
Yeah. Americans didn’t pay all of Trump’s 2018 tariffs. Foreigners paid half. You got to look at the transactions data and remember classic supply and demand to see why. www.nber.org/papers/w34901
Did Foreigners Pay America's Tariffs? Quantity Discounts, Scale Economies and Incomplete Pass-Through
Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...
nber.org
Yay it is out! Not only do supply chains matter, but their exact geographic routing matters. Ports and trade routes are still very important for economic outcomes.
NBER@nber.org · 10mo agoBecoming a shipping hub matters. Intermediary trading locations start consuming goods that initially pass through their ports themselves and start exporting downstream products, from Anh D. Do, Sharat Ganapati, Woan Foong Wong, and Oren Ziv www.nber.org/papers/w34361
I'm a trade economist. It isn't surprising that taxes bite and matter. Especially taxes like tariffs. The questions all simply were a question of when and how much?
Microsoft is raising prices on Xbox consoles in the US again
The second Xbox price hike this year
theverge.com
I have great timing for the first time in my career. I have a new paper on tariffs and incidence that shows how the pricing structure of firms with market power all international markets magnifies a tariff's impacts.
Yes, Canada is tied intrinsically to the US. But I do find it funny that it is still cheaper to ship a container to Montreal from Germany trucking it from Indiana.
As ‘Buy Canadian’ grows, more US companies say retailers turning away their products
The "Buy Canadian" movement is sending new ripples of concern through the executive offices of U.S.-based consumer companies that banked on selling their products on Canadian retail shelves.
reuters.com
IT IS OFFICIAL! MY JOB MARKET PAPER IS IN PRINT!!!! TL/DR: Superstar firms have used globalization to grow bigger, leveraging economies of scale. Their marginal costs have fallen, but little has passed through to customers as markups have risen. www.sganapati.com/files/Ganapa...
I have discovered the best use for chatGPT. Converting excel tables into latex tables. Latex table creation is a pox on society.
One benefit of not being a high-enough profile professor. I barely get any of these requests. Like serious, are people getting spammed with these requests?
Mathew Kiang@mathewkiang.com · 2y agoWho is telling high school students to (cold) email professors for internships? This just can't be a good use of anybody's time.
One underrated point. Most of us social scientists SUCK at coding. Myself included. My code is crap. My co-authors' code is crap. Every replication I've come across has crap code. Most of us are not qualified to check our code. Confession. Even my mom makes fun of my coding (she writes compilers)
Laura Bronner@laurabronner.bsky.social · 2y ago3) Check your fucking code.
Wait does every economist use overleaf for everything? Without backup?
I finally received the final proofs for my job market paper! It took 8 years from the first draft. Got a post-doc, a job, a kid, bought a house, remote taught for a year, and went up for tenure. Also the publication process is a tad broken. The results are almost identical as the first draft.
MY FIRST (primary) PHD STUDENT JUST GOT HIS FIRST TENURE TRACK INTERVIEW REQUEST AND I'M SO PUMPED! IT IS ALSO AT A FANTASTIC INSTITUTION! He can do it! I'm also as excited as I was 7 years ago when this happened to me!
Some exciting announcements re #IIOC2025, May 2-4 @ Drexel in Philly. The Distinguished Fellow Award will go to Chad Syverson; he will deliver the keynote. Shane Greenstein will receive the Distinguished Service Award. There will be two plenaries.
I'm in The Economist this week talking the complex interplay between big business, productivity, and economic performance. Essentially, monopoly is not good, but the monopolists are also the most productive firms in the economy. A world of natural monopolies. www.economist.com/special-repo...
