Testing the Theory of Trade Policy: Evidence from the Abrupt End of the Multifibre Arrangement
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International Research Department, Federal Reserve Bank of New York, 33 Liberty Street, New York NY 10045. Corresponding author is James Harrigan, email@example.com. This paper is a substantially revised version of our October 2006 NBER Working Paper no. 12579 of the same name. We thank Deirdre Daly for help with the data, and Yue Li and seminar participants at the World Bank and the New York Fed for helpful comments. The views expressed in this paper are those of the authors and do not necessarily reflect the position of the Federal Reserve Bank of New York or the Federal Reserve System. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.