Niall Ferguson
@nfergus
Great and timely economics paper by the brilliant @JesusFerna7026 et al. on the enduring importance of sea power.
Jesús Fernández-Villaverde@JesusFerna7026 · Oct 1How much do disruptions to U.S.-bound shipping routes matter for the U.S. economy? A lot, and far more than conventional trade models suggest.
To make this point, I just circulated a new paper, “Shipping to America,” with my dear coauthors Xiwen Bai, @YiliangLi_, @RicardoVMarto,
To make this point, I just circulated a new paper, “Shipping to America,” with my dear coauthors Xiwen Bai, @YiliangLi_, @RicardoVMarto,
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