Naknoi, Kanda - Krannert School of Management, Purdue University - 2008
This study quantifies dynamic learning effects behind the tariff wall in the American pig iron industry in 1870 … evidence for dynamic learning effects. Finally, we use the estimated learning rate to simulate the hypothetical free trade … quantifies dynamic learning effects behind the tariff wall in the Amer-
ican pig iron industry in 1870-1940. First, we present …