Search Results
The Geography of the Startup Surge during the Pandemic
After declining from high levels in the late 1970s, the firm startup rate began to rise in the 2010s, with a shift toward larger cities. Did this trend change during the COVID-19 pandemic?
How Trade Policy Is Changing: From Broad Rules to Targeted Restrictions
The number of export-related trade restrictions globally has risen since 2015, especially policies structured to target specific sectors and technologies.
Tracking AI’s Contribution to GDP Growth
This analysis suggests recent investments in AI-related categories have contributed significantly to the real U.S. economic growth in the first nine months of 2025.
Working Paper
Geopolitical Distance and Targeted Trade: Evidence from Product-Level Export Controls
Trade policy in advanced economies is closely intertwined with concerns about technology and geopolitical rivalry. Using product-level data on export-related trade interventions, we characterize how contemporary export-side interventions are allocated across products, destinations, and bilateral trade relationships. We show that export controls are broad in regulatory scope but economically concentrated on high-value trade flows. Export controls disproportionately target high-technology products and economically important trade relationships, while geopolitical distance shapes their ...