Tariffs and technological hegemony

dc.contributor.author Fornaro, Luca
dc.contributor.author Wolf, Martin
dc.date.accessioned 2025-11-07T13:52:44Z
dc.date.available 2025-11-07T13:52:44Z
dc.date.issued 2025-10
dc.description.abstract We provide a theory connecting trade policies to innovation and technological hegemony, based on the notion that high-tech clusters generate technological rents for the countries hosting them. We show that tariffs on high-tech imports may be used to steal technological rents from the rest of the world, by redirecting innovation activities from foreign to domestic firms. This strategy may lead to welfare gains, which however come at the expense of even larger welfare losses in the rest of the world. Tariffs may backfire even for the country imposing them if they are not well designed, or if the rest of the world retaliates.
dc.identifier.uri http://hdl.handle.net/10230/71808
dc.language eng
dc.language.iso eng
dc.rights.accessRights info:eu-repo/semantics/openAccess
dc.subject.keyword Tariffs
dc.subject.keyword Innovation
dc.subject.keyword Endogenous growth
dc.subject.keyword International trade
dc.subject.keyword Intangibles
dc.subject.keyword High-tech
dc.title Tariffs and technological hegemony
dc.type info:eu-repo/semantics/workingPaper

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