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© Emily Blanchard

Emily Blanchard

Tuck School of Business at Dartmouth College

Emily Blanchard is an Associate Professor at the Tuck School of Business at Dartmouth College, a Research Fellow with the Center for Economic Policy Research, and a member of the CES Ifo Research Network. Professor Blanchard's research lies at the intersection of international economics and public policy. She has written extensively on how foreign investment and global value chains are changing the role of trade agreements in the 21st century, and how globalization and education shape political and economic outcomes within and across countries. Her research is published in leading journals. She regularly works in collaboration with leading institutions, including the World Trade Organization, the World Bank, UNIDO, UNCTAD, the IMF, and Canada's Institute for Research on Public Policy.
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publication
Global Value Chains and Trade Policy

How do global value chain (GVC) linkages modify countries’ incentives to imposeimport protection? Are these linkages empirically important determinants of tradepolicy in practice? To address these questions, we develop a new approach to mod-eling tariff setting with GVCs, in which optimal policy depends on the nationality ofvalue-added content embedded in home and foreign final goods. Theory predicts thatdiscretionary tariffs will be decreasing in the domestic content of foreign-produced finalgoods and the foreign content of domestically-produced final goods. Using theory as aguide, we estimate the influence of GVC linkages on trade policy with data on bilat-eral applied tariffs, temporary trade barriers, and value-added contents for 14 majoreconomies between 1995 and 2015. Our empirical findings indicate that GVCs alreadyplay an important role in shaping trade policy. Governments set lower tariffs andcurb their use of temporary trade protection (particularly against China) where GVClinkages are strongest.

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publication
Trade wars in the global value chain era

The nature of global commerce has changed dramatically over the past 40 years, with the meteoric rise of global value chain trade. This column, taken from a recent Vox eBook, builds on insights from recent research to identify three critical dimensions of global value chain trade that promise to make today’s trade wars more economically costly and more politically complex than previous trade wars.

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publication
Renegotiating NAFTA: The role of global supply chains

The Trump administration has been outspoken in its criticism of NAFTA, which the president has called “the worst deal ever made”. This column, taken from a recent Vox eBook, argues that reversing the current NAFTA policy environment would not simply wind back the clock to the pre-agreement economy from 20-plus years ago. Instead, it would throw spanners and blockages into today’s very different and deeply integrated North American economy.

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